Zydus launches cheapest remdesivir version in India at Rs 2,800 per vial
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Summary
Zydus Cadila has launched remdesivir under the brand name RemdacTM in the Indian market for the treatment of COVID-19 patients.
Zydus Cadila has launched remdesivir under the brand name RemdacTM in the Indian market for the treatment of COVID-19 patients. The drug is priced at Rs 2,800 for a 100 mg lyophilized injection, RemdacTM and is the most economical Remdesivir brand in India.
The drug will be made available across India through the group’s strong distribution chain reaching out to Government and private hospitals treating COVID patients, the company said in a regulatory filing.
In June 2020, Zydus had entered into a non-exclusive agreement with Gilead Sciences Inc., to manufacture and sell Remdesivir, the investigational drug, which has been issued an Emergency Use Authorization by the US Food and Drug Administration (FDA) to treat patients suffering from severe symptoms of COVID 19.
“RemdacTM is the most affordable drug as we would like to enable patients to have access to this critical drug in the treatment of COVID 19”, said Dr. Sharvil Patel, the Managing Director of Cadila Healthcare Limited. “Through the course of this pandemic, our efforts have been focused on supporting people in this healthcare crisis, whether it is through developing vaccines, ramping up production and distribution of critical drugs and therapies, making diagnostic tests available or exploring new treatment options”, he added.
The API for the drug has been developed and manufactured at the group’s API manufacturing facilities in Gujarat, the company said.
Zydus is the fifth company to launch remdesivir in India after Cipla, Hetero Labs Ltd, Mylan NV and Jubilant Life Sciences Ltd.
Zydus has launched the drug at Rs 2,800 for a 100 mg which is the lowest in India.
In June, Cipla had launched remdesivir under the brand name Cipremi at a price of around Rs 5,000 per 100 mg vial while Jubilant Life Science, on August 3, launched the drug under the brand name ‘JUBI-R’ in the Indian market priced at Rs 4,700 per vial of 100 mg (lyophilized injection)
In July, Mylan announced the commercial launch of Remdesivir under brand name DESREM in India at Rs 4,800 per 100 mg vial.
India is one of the worst-hit countries by the coronavirus in the world. India’s COVID-19 tally added almost 64,000 cases in a day, taking the overall tally to 23,86,461.
On Thursday, the shares of Cadila Healthcare ended 0.16 percent higher at Rs 385.00 on the BSE.
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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow