According to an official of the Russian Direct Investment Fund (RDIF), they are looking into establishing a Covid19 vaccine facility in the Philippines.
The timeline, RDIF chief executive officer Kirill Dmitriev said in an interview with ‘The Chiefs’ on OneNews, is “hopefully” by the first quarter of 2022.
RDIF financed Covid19 vaccines Sputnik Light and Sputnik V.
“It’s taking a bit longer because we were focused on facilities that are sort of manufacturing vaccines before,” he said, adding that they see the Philippines as “feasible.”
There will be several stages but, initially, the plan is to do a “fill and finish” process. Afterwards, they can get actual production going in 2022.
Fill and finish refers to the process of filling the vials with vaccines, then finishing the packaging process so distribution can be done.
Dmitriev says they have “great production” in Russia and countries like Korea and China.
“We know it can be done and it has been done because Argentina already produces Sputnik,” he added. “Many other countries produce Sputnik so it’s just the question of finding the right partner in the right facilities.”
Photo: Andrey Rudakov/Bloomberg