Hikal develops Favipiravir API for treatment of COVID-19
Capital MarketHikal announced the successful development of Favipiravir Active Pharmaceutical ingredient (API) and its intermediates. Favipiravir is a generic version of Avigan of Fujifilm Toyama Chemical Co., Japan, a subsidiary of Fujifilm Corporation. Favipiravir has demonstrated
activity against influenza viruses and has been approved in Japan for the treatment of novel influenza virus infections. It is in various stages of clinical trials in many countries as an experimental treatment of COVID-19.
The company is in discussion with potential partners to supply the API and its intermediates.
Hikal has developed this API in a record amount of time to make the product available for treatment of COVID-19.
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