The Russian Direct Investment Fund (RDIF), Russia's sovereign wealth fund, announces the delivery of the first batch of the Russian vaccine against coronavirus, Sputnik V, to the Republic of Belarus. The Sputnik V vaccine is based on a human adenoviral vectors platform which is the only one in the world that has proven long-term safety and effectiveness, according to a statement by RDIF.
Vaccination of volunteers in Belarus will begin on October 1 as part of double-blind, randomized, placebo-controlled clinical trials of the Sputnik V vaccine. RDIF is funding these clinical trials in Belarus with the participation of 100 people who will have the opportunity to be vaccinated against coronavirus with a vaccine developed by the Gamaleya National Research Institute of Epidemiology and Microbiology of the Ministry of Health of Russia. Belarus has become the first country to start clinical trials of the Sputnik V vaccine after its registration in Russia. Clinical trials will be carried out in eight medical institutions selected as research centers in Belarus. Two Belarusian clinics have already received the first batches of the Sputnik V vaccine.
On August 11, the Sputnik V vaccine developed by 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 based on the human adenoviral vectors platform. Detailed information on the Sputnik V vaccine, the technological platform of human adenoviral vectors, and other details are available at sputnikvaccine.com
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 70 projects with foreign partners totaling more than RUB 1.5 trillion 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 15 countries that total more than $40 billion.
