Business

Strides Pharma to conduct trials in India for potential COVID-19 drug

Strides Pharma Science on Thursday received regulatory approval to start clinical trials of antiviral drug favipiravir, which has been touted as a potential treatment for COVID-19.

migrator

Bengaluru

The Bengaluru-based firm has received approval from the Drug Controller General of India to conduct human studies of favipiravir in the country, a Strides executive said on a post-earnings conference call. Favipiravir is made under the brand name Avigan by a unit of Japan’s Fujifilm Holdings Corp and was approved for use as an anti-flu drug in the country in 2014. It was recently reported that so far there has been no clear evidence of efficacy for Avigan in treating the novel coronavirus in some clinical trials.

There are currently no approved treatments or vaccines for COVID-19, the disease caused by the new coronavirus, with governments, drugmakers and researchers working on several treatment and vaccine programmes.

Strides will do a bioequivalence study to compare the safety and efficacy of its drug with Avigan, a spokesman said in an emailed statement.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Sairang-New Delhi Rajdhani Exp mows down 7 elephants in Assam, 5 coaches derailed

Wait till after Pongal: Vijay’s TVK signals major political shift in TN

49th Chennai Book Fair to be held from January 8

Nursing crisis rooted in AIADMK era, says health minister; strike called off after talks

DMK claims 'G Ram G' scheme itself may be scrapped any time by citing 'some data'