skip to content
Advertisement
Premium
This is an archive article published on June 25, 2020

Covid-19: Hyderabad-based Hetero Labs Ltd prices generic version of remdesivir at Rs 5,400 per vial

Cipla and Hetero are among a bevy of drugmakers which have licensing agreements with U.S.-based Gilead Sciences Inc, the original manufacturer of remdesivir, to make and sell the drug in 127 low- and middle-income countries.

coronavirus, coronavirus drug, coronavirus drugs available, remdesivir, generic version of remdesivir, coronavirus medicine Fellow Indian drug firm Cipla Ltd had said on Tuesday that its own version of the antiviral drug remdesivir would be priced below 5,000 rupees.

India’s Hetero Labs Ltd has priced its generic version of remdesivir, Gilead’s experimental COVID-19 drug, at 5,400 rupees ($71) per 100-milligram vial, the drugmaker said on Wednesday, as it prepares to ship them to hospitals in the country.

The privately held company said it would supply 20,000 vials of the drug. Fellow Indian drug firm Cipla Ltd had said on Tuesday that its own version of the antiviral drug remdesivir would be priced below 5,000 rupees.

Cipla and Hetero are among a bevy of drugmakers which have licensing agreements with U.S.-based Gilead Sciences Inc, the original manufacturer of remdesivir, to make and sell the drug in 127 low- and middle-income countries.

Story continues below this ad

India has approved the generic versions made by Cipla and Hetero for restricted emergency use in severe COVID-19 cases.

The treatment was the first to show improvement in trials on COVID-19 patients and has won approval for emergency use in severely ill patients in the United States and South Korea, and received full approval in Japan. It is yet to be priced in the United States.

India, the fourth worst hit nation by the coronavirus, reported a total of 456,183 infections and 14,476 deaths on Wednesday.

Stay updated with the latest - Click here to follow us on Instagram

Latest Comment
Post Comment
Read Comments
Advertisement

You May Like

Advertisement
Advertisement