India’s drug regulator has given Hetero Labs the green light to
manufacture and market its generic version of Gilead Science’s
experimental COVID-19 treatment remdesivir, the Indian pharmaceutical
company said on Sunday.
The drug, which will be marketed under the brand name Covifor, will
likely be priced at 5,000 to 6,000 rupees ($66-$79) for a 100 milligram
dose, Hetero said.
India’s Cipla Ltd (
CIPL.NS)
has also received approval from the Drug Controller General of India
(DGCI) to manufacture and market the drug, according to a report
bit.ly/2AVcs0y in Indian Express.
Cipla and DGCI were not immediately available for comment.
Gilead Sciences Inc (
GILD.O)
signed non-exclusive licensing pacts last month with five generic
drugmakers based in India and Pakistan to expand the supply of its
COVID-19 treatment.
The pacts allow Jubilant Life Sciences Ltd (
JULS.NS), Cipla, Hetero Labs, Mylan NV (
MYL.O) and Ferozsons Laboratories Ltd FERO.PSX to make and sell the drug in 127 countries.
https://www.reuters.com/article/us-health-coronavirus-india-remdesivir/india-gives-hetero-labs-approval-to-make-gileads-covid-19-drug-idUSKBN23S0EO
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