RDIF and Brazil’s Parana state to partner to promote the world's first registered vaccine against coronavirus "Sputnik V"
Moscow, August 12, 2020 –The Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, and the Parana state in Brazil, have agreed to cooperate to produce and distribute the world's first registered coronavirus vaccine in Brazil, known as “Sputnik V”. RDIF CEO, Kirill Dmitriev, and Governor of Parana state, Carlos Massa Ratiño Junior, took part in the online ceremony for the signing of the agreement.
As part of the strategic cooperation agreement, RDIF together with pharmaceutical companies in the state of Parana will organize the production of the “Sputnik V” vaccine and its distribution in Brazil and other Latin American countries. In the near future, RDIF and the Gamaleya National Research Institute of Epidemiology and Microbiology are ready to provide the Paraná State Institute of Technology (Tecpar) with the results of the clinical trials of the vaccine and technological protocols of its production
On August 11, the “Sputnik V” vaccine of the Gamaleya National Research Institute of Epidemiology and Microbiology was registered by the Ministry of Health of Russia, and became the world’s first registered vaccine against COVID-19. Details on “Sputnik V” vaccine are available at sputnikvaccine.com
Kirill Dmitriev, CEO of the Russian Direct Investment Fund, commented:
“The nations of Latin America are now experiencing a difficult situation due to the spread of the coronavirus. We are seeing strong interest from our Brazilian partners in learning from Russia’s experience in the fight against coronavirus, including information related to the first registered coronavirus vaccine in the world. Brazil is one of five key countries ready to support the production of the Russian “Sputnik V” vaccine. We are confident in the high safety and efficacy of the “Sputnik V” vaccine and look forward to the approval of the vaccine by the Brazilian authorities soon”.
Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF’s management company is based in Moscow. Currently, RDIF has experience of the successful joint implementation of more than 80 projects with foreign partners totaling more than RUB1.9 tn and covering 95% of the regions of the Russian Federation. RDIF portfolio companies employ more than 800,000 people and generate revenues which equate to more than 6% of Russia’s GDP. RDIF has established joint strategic partnerships with leading international co-investors from more than 18 countries that total more than $40 bn. Further information can be found at rdif.ru
For additional information contact:
Arseniy Palagin Andrew Leach / Maria Shiryaevskaya
Russian Direct Investment Fund Hudson Sandler
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