GLOBAL RESEARCH SYNDICATE
No Result
View All Result
  • Login
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
No Result
View All Result
globalresearchsyndicate
No Result
View All Result
Home Data Collection

Maharashtra may procure remdesivir from Bangladesh to treat Covid patients

globalresearchsyndicate by globalresearchsyndicate
June 7, 2020
in Data Collection
0
Maharashtra may procure remdesivir from Bangladesh to treat Covid patients
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter



Maharashtra government on Saturday said that it has decided to procure the repurposed Ebola drug remdesivir to treat critical Covid-19 patients in the state at a price of Rs 12000 per vial. Since the Indian manufacturers of the drug are yet to have the marketing authorisation for the drug and its innovator Gilead is yet to launch in the market, the state government is open to procuring it from Bangladesh.


Maharashtra has registered more than 80,000 cases of Covid-19 and is the worst affected state in the country.



Maharashtra health minister Rajesh Tope said that the state government has decided to procure 10,000 vials of remdesivir. “It will cost around Rs 12 crore and will be purchased through corporate social responsibility (CSR) funds of corporates. Remdesivir has been used effectively against SARS and has also been recommended by the World Health Organisation (WHO),” Tope said. This works out to Rs 12000 per vial. It is not clear if Maharashtra will ask the drug majors to supply the drug under CSR or would seek help from big corporates to donate the drug to state run hospitals for free.


ALSO READ: Coronavirus LIVE: Delhi likely to have 100,000 Covid-19 cases by June-end


The minister also added that the drug will be provided to critical patients in the state and if required it will be procured from Bangladesh.


Bangladesh is, in fact, the first country in the world to sell a generic version of this much in focus drug. Dhaka based Beximco Pharmaceuticals became the world’s first firm to sell the generic version of the drug. Reports suggest that the firm has said it will sell the drug for $71 per vial to private clinics. Another company Eskayef has also started distributing the drug to Bangladesh hospitals.


Under World Trade Organisation provisions, lesser developed countries like Bangladesh can produce generic versions of patented drugs without seeking a license.


A Gilead spokesperson said, “Gilead has signed non-exclusive voluntary licensing agreements with five generic pharmaceutical manufacturers based in India and Pakistan to further expand supply of remdesivir. The agreements allow the companies – Cipla Ltd., Ferozsons Laboratories, Hetero Labs Ltd., Jubilant Lifesciences and Mylan – to manufacture remdesivir for distribution in 127 countries. The countries consist of nearly all low-income and lower-middle income countries, as well as several upper-middle- and high-income countries that face significant obstacles to healthcare access.”


The company clarified that it has not provided a license to Eskayef Pharmaceuticals or any other company in Bangladesh to manufacture remdesivir. Gilead cannot comment on or verify the authenticity or effectiveness of this product as it is not manufactured by Gilead or one of our licensed partners.”The primary purpose of filing the NDA to the DCGI to import and market Veklury (remdesivir) as a treatment for SARS-CoV-2 infection, is to support the Voluntary Licensees based in India with whom Gilead recently signed the non-exclusive voluntary licensing agreements to further expand supply of remdesivir,” the spokesperson said.


It also added that Gilead Sciences has not yet set a price for remdesivir.


US major Gilead got restricted emergency use approval from the Indian drug regulator for remdesivir recently. So far, only Gilead has the approval to launch in India from the Drug Controller General of India (DCGI).


Industry sources indicate that for launching a completely new drug, animal toxicology data is required and they are waiting for clarity on that from the Indian regulator.


Meanwhile, the Indian drug pricing regulator is keeping a close watch on the launch of the drug and its pricing. Indian firms are free to price the drug when they launch their generic versions.


Indian players are ready with the drug and are awaiting the regulator nod to start commercial manufacturing.

Related Posts

How Machine Learning has impacted Consumer Behaviour and Analysis
Consumer Research

How Machine Learning has impacted Consumer Behaviour and Analysis

January 4, 2024
Market Research The Ultimate Weapon for Business Success
Consumer Research

Market Research: The Ultimate Weapon for Business Success

June 22, 2023
Unveiling the Hidden Power of Market Research A Game Changer
Consumer Research

Unveiling the Hidden Power of Market Research: A Game Changer

June 2, 2023
7 Secrets of Market Research Gurus That Will Blow Your Mind
Consumer Research

7 Secrets of Market Research Gurus That Will Blow Your Mind

May 8, 2023
The Shocking Truth About Market Research Revealed!
Consumer Research

The Shocking Truth About Market Research: Revealed!

April 25, 2023
market research, primary research, secondary research, market research trends, market research news,
Consumer Research

Quantitative vs. Qualitative Research. How to choose the Right Research Method for Your Business Needs

March 14, 2023
Next Post
IoT Security Solution for Identity and Access Management (IAM) Market Research, Recent Trends and Growth Forecast 2025

Gynecological Surgical Devices Market Research Report, Growth Forecast 2025

Categories

  • Consumer Research
  • Data Analysis
  • Data Collection
  • Industry Research
  • Latest News
  • Market Insights
  • Marketing Research
  • Survey Research
  • Uncategorized

Recent Posts

  • Ipsos Revolutionizes the Global Market Research Landscape
  • How Machine Learning has impacted Consumer Behaviour and Analysis
  • Market Research: The Ultimate Weapon for Business Success
  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA

Copyright © 2024 Globalresearchsyndicate.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights

Copyright © 2024 Globalresearchsyndicate.com