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Favipiravir quickest molecule to cross Rs 100 cr

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Mumbai | New Delhi: Favipiravir, a drug used within the therapy of Covid-19 sufferers with delicate signs, turned the largest-selling drugs in India in September, with domestically made variations notching up gross sales of Rs 140 crore. Domestic manufacturers of Favipiravir registered the quickest development since their launch in June, in response to information from market analysis agency IMS IQUVIA and the All Indian Origin Chemists & Distributors. (AIOCD).

India has added 5.89 million new Covid-19 circumstances since June, with nearly 70% of them reported to be delicate. India’s drug controller had accredited Favipiravir, an previous Japanese flu drug, for restricted emergency use in delicate to average circumstances of Covid-19. Although India’s pointers on managing Covid-19 don’t point out this drug, states resembling Maharashtra and Karnataka have allowed it for delicate circumstances of Covid-19. According to the information, gross sales of the drug moved up from Rs 11 crore in June to Rs 140 crore in September. Industry officers stated the drug is maybe the primary to have crossed the Rs 100 crore mark in solely two months.

There are over 10 manufacturers of the drug out there in India, with Glenmark’s model main in gross sales, adopted by Cipla and Lupin. Prices of most manufacturers have declined by nearly 50% since, with corporations vying for quantity and market share. The least expensive model of Favipiravir is now priced at Rs 30 per pill. “We anticipate there will be a further reduction as the price of the drug’s raw material has also crashed,” stated an official from an organization manufacturing the drug. The official stated trial outcomes from Fuji Film launched final week may additionally encourage physicians to prescribe the drug.

Japan’s Fuji Film, which developed Favipiravir, branded as Avigan, stated final week that trials confirmed that sufferers who took Favipiravir recovered in 11.5 days in contrast with 14 days for individuals who got placebos to attain viral clearance. However, the Indian Council of Medical Research has but to incorporate Favipiravir within the nationwide therapy protocol. “We will wait for the full published trial results from Fuji Film before taking a decision on this,” stated an official conscious of the medical protocol.

Some consultants from the nationwide taskforce had raised doubts in June in regards to the effectiveness of the drug and determined to attend for an additional examine completed by ICMR on Favipiravir. “We have not taken up the matter again. The results of the trial done by ICMR are awaited,” this official added.

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