Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

India to become hub for Covid-19 antiviral generic drugs: Fitch

PTI
Updated: January 7th, 2022, 20:23 IST
in Business
0
Representational image

Representational image

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: India will become the largest global hub for Covid-19 antiviral general drug production after the drug controller granted emergency-use authorisation to several pharmaceutical companies in the country to manufacture and market generic versions of molnupiravir, Fitch Solutions said Friday.

Increased access to molnupiravir will keep hospitalisations and deaths in India to a manageable level as Omicron infections rise, Fitch Solutions said in a report.

Also Read

Govt likely to curb destination weddings, film shoots in Turkiye, Azerbaijan

22 hours ago
Sensex surges over 1,500 points, Nifty Bank at near all-time high

Sensex, Nifty climb sharply; seven-month high for benchmark indices

24 hours ago

Those granted authorisation by the Drugs Controller General of India (DCGI) include Dr. Reddy’s Laboratories, Torrent Pharmaceuticals, Cipla, Sun Pharma, Natco Pharma, Viatris, Hetero Drugs and Mankind Pharma.

Lagevrio (Molnupiravir) was developed by Merck and Ridgeback Biotherapeutics, and it is the first ever oral antiviral drug for the treatment of high-risk adults with mild to moderate Covid-19.

Following the authorisation, Cipla, Sun Pharma, and Dr Reddy’s Laboratories are set to release molnupiravir capsules in the coming weeks, and the rest of the companies will follow.

“This will make India the largest global hub for Covid-19 antiviral generic drug productions,” it said. “The efficacy of molnupiravir during its MOVe-OUT phase III trial has been largely promising, with a 50 reduction in hospitalisation and death in early-stage infections.” However, safety concerns remain on its risk of inducing harmful mutagenesis if the drug is prescribed globally, creating the potential for new Covid-19 strains.

The Covid-19 second wave in India peaked during April and May 2021 when daily averages cases topped 4 lakh. Caseloads have dropped significantly since then, with the national tally remaining one under 10,000 cases per day for the rest of the year.

However, in recent days, there has been a surge in daily Covid-19 cases driven by the Omicron variant which is set to overtake Delta as the dominant variant.

On January 6, 2022, Covid-19 cases increased to 1,17,100 with 3,007 of these cases confirmed as the Omicron variant, according to the Union Ministry of Health.

“Moreover, India continues to lag behind in its Covid-19 Vaccine rollout target as 44.5 per cent of the population has been fully vaccinated,” Fitch Solutions said quoting Our World In Data. “Therefore, given the slow vaccination and recent sharp rise in Covid-19 cases, generic versions of molnupiravir could significantly reduce risk of hospitalization admission or deaths.”

Generic molnupiravir will increase access in India and other low- and middle-income countries (LMICs), while simplifying current supply chain obstacles, it said.

A full five-day treatment course with molnupiravir in the US costs around USD 712 (Rs 52,909). Generic versions of the drug will cost between USD 18.79 (about Rs 1,400) to USD 21.48 (about Rs 1,600) for a five-day course, which is significantly lower, according to Fitch Solutions.

For instance, Dr. Reddy has set the price of its molnupiravir generic version, molflu, at USD 0.4693 (Rs 35) per capsule and USD 18.79 (Rs 1,400) for a five-day course of 40 capsules.

“With this relatively low cost, we expect molnupiravir generic versions to significantly increase access in India and other LMICs after regulatory approvals,” it said.

Moreover, these oral antiviral drugs will lead to lower costs of transport and distribution compared with Covid-19 intravenous antivirals such as Ronapreve (casirivimab/imdevimab) or Veklury (remdesivir).

Having a solid, compact form, oral drugs does not need containment requirement of glass vials and the tablets can be tightly packed without risk of breakage. Similarly, a larger quantity of the drug can be contained within a set space, increasing the rate at which the drug can be distributed, it added.

PTI 

Tags: CovidDrugsIndiaMolnupiravir
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019

Archives

Editorial

Sound & Fury

China-US
May 14, 2025

The outcome of any war between two unequal forces could be predictable – maybe the stronger side wins and the...

Read more

Breaking Walls

Pope Leo XIV
May 13, 2025

I t is of great significance that Robert Francis Prevost, who has succeeded Pope Francis, repeated the word ‘peace’ ten...

Read more

Dangerous Liaisons

india pakistan
May 12, 2025

India and Pakistan have halted military actions for now, a day after Pakistan breached a ceasefire initially announced to the...

Read more

Doval Doctrine

Aakar Patel
May 11, 2025

India’s Defence Planning Committee was set up on 19 April 2018. It was chaired by national security advisor Ajit Doval...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST