The drug will be available
in the Indian market under the brand name FabiFlu at Rs 103 per tablet.
The company
Glenmark Pharmaceuticals became the first Indian company to secure drug regulator’s nod on manufacturing and marketing the antiviral drug, Favipiravir in India. It will now be available in the Indian market under the brand name FabiFlu at Rs 103 per tablet. The company said it would first cater to the domestic market requirements, however added that exports would depend on the regulatory requirements of other countries. Before this, Glenmark's net debt was over Rs 3,600 crore at the end of the March quarter. FabiFlu may give a decent push to its domestic business.
Glenmark Pharmaceuticals became the first Indian company to secure drug regulator’s nod on manufacturing and marketing the antiviral drug, Favipiravir in India. It will now be available in the Indian market under the brand name FabiFlu at Rs 103 per tablet. The company said it would first cater to the domestic market requirements, however added that exports would depend on the regulatory requirements of other countries. Before this, Glenmark's net debt was over Rs 3,600 crore at the end of the March quarter. FabiFlu may give a decent push to its domestic business.
About drug
The Japanese flu drug,
Favipiravir is made by a subsidiary of Fujifilm helping to treat patients with
mild to moderate Covid-19 infection. However, a Japanese health official told
the Mainichi Shimbun newspaper that the drug isn’t very effective in severe
Covid-19 cases. The potential is significant -- the drug is to be used in
Turkey, it is already available in Bangladesh, approval granted in the UAE,
while the protocol is approved in Jordan. More than 15 companies are under the
registration approval process to launch the drug in Egypt. Indonesia and
Thailand have approved clinical protocol, several CIS countries like Ukraine
have adopted it in Covid-19 protocol, and Iraq and Saudi Arabia are evaluating
the drug
Trials
The drug has shown promise
in multiple global studies, with reduction in viral load, faster fever
resolution, and faster clinical recovery.
A Chinese trial in 340 people showed that the virus tended to be cleared
in four days in those who received the drug, versus 11 days in those who went
without. Glenmark has also been working to conduct phase 3 clinical trial on
mild to moderate Covid-19 patients.
Accessibility
In India, the drug will be
sold at retail chemist outlets as well as hospitals. This is an emergency use
authorisation due to the pandemic situation prevalent in the country and the
need for timely treatment. Whenever a
doctor prescribes favipiravir,
an “informed consent” from the patient is requisite. Patients with a valid
prescription can procure the drug from retail chemists, as many of them may not
need hospitalisation.
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