NanoViricides, Inc. (NYSE American: NNVC) (the "Company"), a leader in the development of highly effective antiviral therapies based on a novel nanomedicines technology, reported today on the strong effectiveness of its two COVID-19 clinical drug candidates in an animal model of coronavirus infection.
The Company is preparing a pre-IND application encompassing its two clinical drug candidates for the treatment of COVID-19 infected patients. Of these, NV-CoV-2 is the Company's broad-spectrum anti-coronavirus drug candidate based on its nanoviricides® platform that is expected to be capable of attacking most, if not all, SARS-CoV-2 variants and other coronaviruses. In addition, the Company is also developing NV-CoV-2-R that combines (1) the power of NV-CoV-2 to attack and potentially dismantle the virus particles outside cells, and (2) the power of remdesivir to block further production of virus particles inside cells. Blocking the complete lifecycle of the virus in this manner could provide a cure for the viral disease. The Company intends to perform human clinical studies to establish the effectiveness of NV-CoV-2 and NV-CoV-2-R in treating COVID-19 viral infection.
Both NV-CoV-2 and remdesivir are broad-spectrum drugs and are expected to be effective against most, if not all, variants of the coronavirus that continue to emerge in the field, based on pre-clinical studies. The broad-spectrum effectiveness of the Company's drug candidates is very important as coronavirus variants that may evade antibodies and cause disease in spite of vaccination are becoming widespread as the COVID-19 global pandemic is progressing into its second year. The need for antiviral drugs that are developed against coronaviruses is now well recognized.
https://finance.yahoo.com/news/nanoviricides-inc-pan-coronavirus-covid-104500037.html
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