Russian Federation to supply Egypt with 25 million doses of coronavirus vaccine

Henrietta Strickland
October 1, 2020

"The agreement between RDIF and Pharco will help Egypt obtain an efficient and safe vaccine, Sputnik V, for nearly 25% of its population", RDIF chief executive Kirill Dmitriev said in a statement.

The commitment comes after Germany already pledged €675 million at two previous donor conferences.

The Gates Foundation is providing at-risk funding of a further $150 million to Gavi taking this collaboration to a total of $300 million to support this alliance.

A lab technician processes blood samples for COVID-19 vaccines research, Miami, Florida, September 2, 2020. She said the pandemic must be tackled on a global level and called on countries to get involved in the program.

A pack of drugmakers are angling for COVID-19 vaccine approvals in the coming months, making the global distribution task more important than ever.

Russian Federation has clinched a deal with Egypt to supply it with 25 million doses of its Sputnik V coronavirus vaccine, as Moscow seeks to take a leading global role in fighting the pandemic.

"The $3 billion it has received has been critical for the start-up", he told the event. "That must begin with an immediate infusion of $15 billion".

Britain's foreign minister Dominic Raab said his country, which has committed 250 million pounds ($320 million), would spend another pound for every four dollars committed by others, up to an additional 250 million pounds.

Sweden's Prime Minister Stefan Lofven pledged $10 million while Canadian Prime Minister Justin Trudeau touted a $440 million commitment made last week.

Addressing the summit, Bill Gates announced his foundation had signed a new agreement with 16 biotech firms to expand global access to vaccines, therapeutics and diagnostics.

The vaccines will be distributed by Gavi's COVAX facility, a clearinghouse for shot distribution that has the sign-off from 73 higher-income economies and 92 low- and middle-income countries, including India, SII said.

Other reports by Click Lancashire

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