Russia’s Sputnik V COVID-19 vaccine will cost less than $20 per person on international markets.
Moscow aims to produce more than a billion doses at home and abroad next year, its financial backers and developers said on Tuesday.
“It’s more than twice as cheap as other vaccines that have the same efficacy levels,” Kirill Dmitriev, head of Russia’s RDIF sovereign wealth fund, told a briefing. “Right now, Sputnik V is the cheapest vaccine with an efficacy level above 90% in Phase III clinical trials”.
For Russian citizens, the vaccination will be free of charge.