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Monday, September 6, 2021

India's Hetero gets emergency use nod to make Roche's COVID-19 drug

 

Indian drug developer Hetero said on Monday it has received emergency use approval from the country's health authorities to make a generic version of Roche Holding AG's COVID-19 drug.

Hetero expects to make the treatment, tocilizumab, available in India by the end of the month under the brand name Tocira. Tocilizumab has been facing a global shortage as the highly contagious COVID-19 Delta variant drives up cases in several countries.

COVID-19 cases in India have declined from levels hit during the second wave in April and May, although health experts believe that the country should brace for a third wave by October.

Roche's blockbuster arthritis drug, tocilizumab, cuts the risk of death among patients hospitalised with severe COVID-19 along with shortening the recovery time and reducing the need for mechanical ventilation.

Tocira will be made by Hetero's unit at its Hyderabad facility.

Hetero, which makes COVID-19 treatments like remdesivir and favipiravir, had also sought emergency approval for Merck's COVID-19 drug molnupiravir in July.

https://www.marketscreener.com/quote/stock/ROCHE-HOLDING-AG-9364975/news/Roche-India-s-Hetero-gets-emergency-use-nod-to-make-Roche-s-COVID-19-drug-36354210/

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