[Gettyimages Bank]
A Russian team involved in the development of Sputnik V is to visit South Korea probably in February to discuss a new contract on contract manufacturing organization (CMO) which serves other companies in the pharmaceutical industry to provide comprehensive services from development through manufacturing.
Sputnik V has been developed with money from the Russian Direct Investment Fund (RDIF), a sovereign wealth fund. In an earlier announcement, RDIF said that GL Rapha, a pharma trading company in South Korea, would produce 150 million doses of Sputnik V for Middle East clients. Production began in December 2020 at GL Rapha's affiliate, Hankook Korus Pharm (HKP).
"Currently, RDIF is very interested in the Korean vaccine market and is actively looking for domestic CMO partners," a South Korean official familiar with RDIF told Aju Business Daily. "They are looking to expand production to cope with the growing demand for vaccines worldwide," the official said, adding the Russian team would contact companies capable of producing vaccines.
HKP has been silent over news reports that it would sign a deal with Binex, a domestic medical drug developer, to produce Sputnik V. RDIF apparently favors the accumulated know-how and reliability of South Korean CMOs, which have already secured orders to produce vaccines for AstraZeneca and Novavax. "RDIF plans to contact various companies that are capable of mass CMO of vaccines," said an unnamed South Korean official.
South Korea's anti-epidemic control center has left the door open for the introduction of Russia's Sputnik vaccine as domestic developers make no visible progress in releasing home-made COVID-19 vaccines amid growing concerns over the relatively slow introduction of proven foreign products.
"Regarding Russia's Sputnik vaccine, we will continue to review the need and contents of additional vaccines because of uncertainties such as mutation and supply issues," Jeong Eun-kyeong, head of the Korea Disease Control and Prevention Agency (KDCA), told a press briefing on February 8.
Initially, the Russian vaccine was not on a list of foreign vaccines South Korea has tried to import, but it began attracting attention from South Korean health officials following reports that Sputnik gave about 92 percent protection against COVID-19. It can be stored at temperatures of between two and eight degrees Celsius, making it easier to transport and store.
reporter
Lim Chang-won
cwlim34@ajunews.com
