Vir: Positive Final Draft Guidance on Sotrovimab for Covid from UK

 VIR BIOTECHNOLOGY, Inc. (Nasdaq: VIR) today announced that the UK’s National Institute for Health and Care Excellence (NICE) provided positive final draft guidance recommending the use of sotrovimab, an investigational SARS-CoV-2 neutralizing monoclonal antibody, in adults who do not need supplemental oxygen for COVID-19 and who have an increased risk for progression to severe COVID-19 where nirmatrelvir/ritonavir (Paxlovid) is contraindicated or unsuitable. Due to existing inventory, no meaningful additional sales of sotrovimab in the UK are anticipated in 2023.

This final draft guidance provides recommendations to the UK’s National Health Service on the future routine commissioning of therapeutics for people with COVID-19 while COVID-19 is an endemic disease. NICE expects to publish its final recommendations on medicines to treat COVID-19 in March 2023.

Sotrovimab has obtained emergency authorization, temporary authorization or marketing approval (under the brand name Xevudy^®️) for early treatment of COVID-19, supplying more than 40 countries. Sotrovimab is not authorized in the US.

https://www.biospace.com/article/releases/vir-biotechnology-announces-positive-final-draft-guidance-on-sotrovimab-from-the-uk-s-national-institute-for-health-and-care-excellence-nice-final-draft-guidance-based-on-cost-effectiveness-evaluation-of-sotrovimab/