RDIF applies for Sputnik V to participate in COVAX program

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The Russian Direct Investment Fund (RDIF) has applied for the participation of the Sputnik V coronavirus vaccine in the COVAX program, TASS reports citing foundation director Vladimir Primak.

“An application has been submitted for the participation of Sputnik V in the COVAX program,” he said.

The COVAX program involves 190 countries and economies. Under the terms of the programme, high-income countries pay for vaccines for less prosperous States. According to the plans, as part of the mechanism, by the end of 2021, 2 billion doses of coronavirus vaccines should be produced and evenly distributed around the world.

On February 5, 2021, the World Health Organization, Coalition for Epidemic Preparedness Innovations (CEPI), the GAVI Vaccine Alliance, and their key implementing partner UNICEF published the first preliminary forecast of vaccine distribution under COVAX.

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