Companies that obtain an ADGM licence will enjoy certain benefits, including a streamlined transition process
The report said the data showed that the vaccine was "safe, well tolerated, and does not cause serious adverse events in healthy adult volunteers".
Researchers underlined that larger and longer trials - including a placebo comparison - would be needed to establish the long-term safety and effectiveness of the vaccine for preventing Covid-19 infection.
The report said the 76 participants of these trials would be monitored up to 180 days, adding that a more rigorous phase 3 clinical trial was planned with the involvement of 40,000 volunteers "from different age and risk groups".
"Showing safety will be crucial with Covid-19 vaccines, not only for vaccine acceptance but also for trust in vaccination broadly," he said in a commentary in the Lancet.
"Since vaccines are given to healthy people and, during the COVID-19 pandemic, potentially to everyone after approval following phase 3 trials, safety is paramount."
This week the US urged states to get ready for a potential Covid-19 vaccine rollout two days before the presidential election in November, sparking concerns President Donald Trump's administration is accelerating research to fit a political timetable.
Russia has said that industrial production of its version is expected from September.
President Vladimir Putin said in early August that the vaccine gave "sustainable immunity" and that one of his own daughters had been inoculated, even though Russia's health ministry said clinical trials were not yet complete.
The World Health Organization has urged Russia to follow established guidelines and go "through all the stages" necessary to develop a safe vaccine.
Sputnik V was developed by the Gamaleya research institute for epidemiology and microbiology in Moscow in coordination with the Russian defence ministry.
The report's lead author, Denis Logunov of Gamaleya, said the adenovirus vaccine enters people's cells and delivers the SARS-CoV-2 spike protein genetic code, helping the immune system "recognise and attack" the virus.
Companies that obtain an ADGM licence will enjoy certain benefits, including a streamlined transition process
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