Active Stocks
Fri May 24 2024 15:59:27
  1. Tata Steel share price
  2. 174.80 -0.37%
  1. NTPC share price
  2. 374.85 0.68%
  1. State Bank Of India share price
  2. 828.60 -0.45%
  1. ITC share price
  2. 436.10 -1.16%
  1. Power Grid Corporation Of India share price
  2. 318.50 -0.39%
Business News/ Companies / News/  Glenmark launches new coronavirus medicine at 103 per tablet. 10 things to know
BackBack

Glenmark launches new coronavirus medicine at ₹103 per tablet. 10 things to know

Glenmark has received approval to manufacture and market Favipiravir in India for mild to moderate COVID-19 cases
  • It is a prescription-based medicine
  • FabiFlu is the first oral favipiravir-approved medication in India for the treatment of COVID-19.Premium
    FabiFlu is the first oral favipiravir-approved medication in India for the treatment of COVID-19.

    NEW DELHI:Having received the manufacturing and marketing approval from the Drugs Controller General of India (DCGI), drug firm Glenmark Pharmaceuticals has launched antiviral drug Favipiravir, under the brand name FabiFlu, for the treatment of patients with mild to moderate COVID-19 patients. Price at 103 per tablet, the prescription-based drug will be available as a 200 mg tablet at an MRP of 3,500 for a strip of 34 tablets.

    10 things to know about the new Covid-19 drug:

    1) The recommended dose of Favipiravir is 1,800 mg twice daily on day one, followed by 800 mg twice daily up to day 14. It is a prescription-based medicine.

    2) The drug will be available both through hospitals and the retail channel, Glenmark said.

    3) Dr Rommel Tickoo, Associate Director, Internal Medicine, Max Healthcare, said the drug could be a "potential game-changer". "We don't have much data, but whatever data we have shows that it is promising. We will have clearer information about the efficacy of the drug in the next two months. The preliminary report is promising which means that they (Glenmark) know that it works," he told PTI. "It has to be given at an early stage and is a potential game changer as it can be given in tablet form and thus is easy to administer, and is relatively inexpensive," he said.

    4) Glenmark is producing the active pharmaceutical ingredients (API) for the drug at its Ankleshwar plant, while the formulation is being manufactured at its Baddi plant.

    5) Favipiravir can be used for coronavirus patients with co-morbid conditions such as diabetes and heart disease with mild to moderate COVID-19 symptoms, Glenmark said.

    6) It offers rapid reduction in viral load within four days and provides faster symptomatic and radiological improvement. Favipiravir has shown clinical improvement of up to 88 per cent in mild to moderate COVID-19 cases, the drug manufacturer said.

    7) Favipiravir is backed by strong clinical evidence, showing encouraging results in patients with mild to moderate Covid-19. It offers broad spectrum RNA virus coverage with clinical improvement noted in 20-90 plus age group.

    8) Glenmark was the first company in India to receive the drug regulator's approval to conduct phase-3 clinical trial of Favipiravir antiviral tablets for Covid-19 patients.

    9) Favipiravir is a generic version of Avigan of Fujifilm Toyama Chemical, Japan, a subsidiary of Fujifilm Corporation.

    10) Considering a minimum of two strips per patient, Glenmark will be able to provide FabiFlu for about 82,500 patients in the first month itself.

    You are on Mint! India's #1 news destination (Source: Press Gazette). To learn more about our business coverage and market insights Click Here!

    Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
    More Less
    Published: 21 Jun 2020, 10:58 AM IST
    Next Story footLogo
    Recommended For You