Industry experts say it usually takes 11-12 months for a drug to be approved and rolled out in the market. “However, since this is a special case of Covid-19, the process has been expedited and the drug might be available in the market in the next two-three months,” said pharma analyst Amey Chalke.
US government’s top infectious disease expert Anthony Fauci, head of NIAID, said the early results of this trial offered ‘good news’.
Reports suggest that Gilead’s Chief Executive Officer Daniel O’Day has said the company will ensure access is not an issue with this medicine. This is positive news for countries like India, as Remdesivir is patent protected till 2035. Multiple industry sources suggested that Gilead and DRL were close to sign a voluntary licence agreement that will allow DRL to make the drug for the Indian market. DRL did not wish to comment on speculation.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)