[Water Consumption]

Russia registered its coronavirus vaccine in August. A worker wearing personal protective equipment holds a tray containing unlabeled ampoules of the 'Gam-COVID-Vac' COVID-19 vaccine, developed by the Gamaleya National Research Center for Epidemiology and Microbiology and the Russian Direct Investment Fund (RDIF). Hot on the heels of promising coronavirus vaccine news from the U.K. and U.S., Russia said Tuesday it will make its shot cheaper than its rivals and aims to produce 1 billion doses next year. "The cost of one dose of the Sputnik V vaccine for international markets will be less than $10," Russia's sovereign wealth fund check my reference RDIF said. Russia's coronavirus vaccine requires two doses. "Thus, Sputnik V will be two or more times cheaper than foreign vaccines based on mRNA technology with similar efficacy rates. For Russian citizens, vaccination with Sputnik V will be free of charge," RDIF added. The statement appears to be referring to vaccine candidates from Pfizer - BioNTech and Moderna , which are made from messenger RNA. In the last couple of weeks the companies reported high efficacy rates of their vaccines in late-stage trials. The Pfizer-BioNTech vaccine is expected to cost around $20 per dose, while Moderna's CEO said two days ago that its vaccine will cost $25-$37 per dose, depending on the amount ordered.


[Finance] [Traffic]