COVID-19: Hetero releases generic Remdesivir ‘Covifor’, check cost per injection

By: |
June 25, 2020 6:46 PM

Last week, Hetero had announced that it was granted manufacturing and marketing approval for its generic drug from the Drug Controller General of India (DGCI).

remdesivir, covifor, Hetero pharma group, Indian pharmaceutical company, coronavirus, coronavirus in India, coronavirus pandemic, coronavirus treatment, coronavirus drug, coronavirus latest news, COVID-19Covifor would be available in injectable vials of 100 mg. (Image: Hetero)

Coronavirus treatment in India: Hetero Pharma starts supplying generic version of Remdesivir to states! Scientists all over the world have been looking for treatments for COVID-19, which has wreaked havoc globally. Amidst this, several studies have found that anti-viral drug Remdesivir could be used in the treatment of COVID-19 patients. On Wednesday, Indian generic pharmaceutical giant Hetero announced that it was all set to deliver as many as 20,000 vials of ‘Covifor’, its generic version of Remdesivir, all over the country, and on Thursday, news agency ANI reported that the supply of the drug has commenced.

Check coronavirus live updates here

The company has priced the drug at Rs 5,400 per vial.

Last week, Hetero had announced that it was granted manufacturing and marketing approval for its generic drug from the Drug Controller General of India (DGCI), which is the nodal agency in India to grant licences of medicinal drugs.

In its statement released on Wednesday, Hetero said that it would supply 20,000 vials in two lots of 10,000 vials each and one of those lots would be immediately sent to hotspots like Hyderabad, Gujarat, Delhi, Tamil Nadu, Mumbai and other parts of Maharashtra. Apart from this, the second batch would be dispatched within a week to Patna, Bhubaneshwar, Ranchi, Kolkata, Bhopal, Indore, Lucknow, Goa, Kochi, Thiruvananthapuram and Vijayawada.

The statement quoted Hetero Group of Companies Managing Director Dr M Srinivasa Reddy as saying that through this drug, the company hopes to reduce the time it takes to treat a COVID-19 patient in a hospital, so that the mounting pressure on the medical authorities could be reduced. He added that the company is working with health authorities and the governments to make the drug accessible to healthcare institutions across India as soon as possible.

As per the company statement, Covifor would be available in injectable vials of 100 mg. The drug would be administered intravenously, it said, and must be done in a hospital, or a critical care setting by a medical practitioner.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1COVID-19 evoked worldwide interest in yoga, ayurveda, naturopathy: Union Minister Jitendra Singh
2Good news for Delhiites! Inter-state buses to resume, public buses to run with full seating capacity in Delhi
3Consider masks as vaccine against COVID-19: Satyendar Jain