🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Russia preparing mass vaccination against coronavirus for October

Published 2020-08-01, 04:11 a/m
© Reuters. FILE PHOTO: Russian Minister of Health Murashko speaks during a demonstration prior to the opening of a new section for treatment of patients affected by the coronavirus disease at a hospital in Moscow

MOSCOW (Reuters) - Russia's health minister is preparing a mass vaccination campaign against the novel coronavirus for October, local news agencies reported on Saturday, after a vaccine completed clinical trials.

Health Minister Mikhail Murashko said the Gamaleya Institute, a state research facility in Moscow, had completed clinical trials of the vaccine and paperwork is being prepared to register it, Interfax news agency reported.

He said doctors and teachers would be the first to be vaccinated.

"We plan wider vaccinations for October," Murashko was quoted as saying.

A source told Reuters this week that Russia's first potential COVID-19 vaccine would secure local regulatory approval in August and be administered to health workers soon thereafter.

The Gamaleya Institute has been working on an adenovirus-based vaccine.

Yet the speed at which Russia is moving to roll it out has prompted some Western media to question whether Moscow is putting national prestige before science and safety.

The head of the Russian Direct Investment Fund, Kirill Dmitriev, has likened what he said was Russia's success in developing a vaccine to the Soviet Union's 1957 launch of Sputnik 1, the world's first satellite.

On Saturday, Russia reported 95 additional deaths from the novel coronavirus, taking its total to 14,058.

Officials reported 5,462 new cases, raising the total to 845,443.

More than 100 possible vaccines are being developed around the world to try to stop the COVID-19 pandemic.

© Reuters. FILE PHOTO: Russian Minister of Health Murashko speaks during a demonstration prior to the opening of a new section for treatment of patients affected by the coronavirus disease at a hospital in Moscow

At least four are in final Phase III human trials, according to World Health Organization (WHO) data, including three developed in China and another in Britain.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.