Sources say Cipla-BDR's favipiravir will be at least 30 per cent cheaper than Glenmark's price of Rs 103 per tablet. Cipla did not confirm.
A senior government official said it is in wait-and-watch mode and has not decided to take any suo motu action on the pricing of the drug
One set would be immediately supplied to Hyderabad, Delhi, Gujarat, Tamil Nadu, Mumbai and other parts of Maharashtra
Donald Trump may announce foreign workers' visa restrictions today, protect Americans struggling with a job market devastated by the coronavirus pandemic
Industry sources estimate that at least 10,000 patients need the drug urgently in the areas with high case load
Of the 3,711,526 active cases around the world as of Sunday morning, 169,451 (4.57%) are in India
Covifor (Remdesivir) will be available in 100 mg vial (Injectable) which has to be administered intravenously in a hospital setting under the supervision of a healthcare practitioner
Data from market research firm AIOCD-AWACS shows that sales of oseltamivir (common brand Tamiflu), used against the influenza virus and also for swine flu, went up by 35.8 per cent in April
Domestic players will be free to price it; Dutch firm Mylan also to make the drug in India; no royalty for Gilead as yet
According to the agreement the companies Cipla, Hetero Labs, Jubilant Life Sciences, Mylan, and Pakistan based Ferozsons Labs, to manufacture and sell remdesivir in 127 countries
The USFDA has recently given an emergency approval to the drug for use on coronavirus patients
Founded 25 years ago, the privately held Hetero Group is claimed to the the world's largest producer of anti-retroviral drugs