Moneycontrol PRO
HomeNewsIndiaCoronavirus pandemic | India lifts export ban on HCQ

Coronavirus pandemic | India lifts export ban on HCQ

Exports of the drug and its formulations were banned “without any exceptions” by India’s Directorate General of Foreign Trade in early April.

June 18, 2020 / 21:31 IST

India has lifted the ban on export of hydroxychloroquine (HCQ), which is currently used to treat lupus and rheumatoid arthritis and is being touted as a possible treatment for COVID-19.

Exports of the drug and its formulations were banned "without any exceptions" by India’s Directorate General of Foreign Trade in early April.

The drug gained spotlight after United States President Donald Trump claimed it was effective on COVID-19 patients. This triggered a massive demand leading to India withdrawing the export ban.

Track this blog for latest updates on the coronavirus crisis

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

Since April, India has been exporting HCQ to a number of countries on a cases-to-case basis, including the US, Australia and Singapore. Many other countries have also raised a request.

On June 3, the World Health Organisation (WHO) said that it is resuming HCQ trials days after temporarily suspending it citing safety concerns.

On its part, India has said that HCQ doses reduced COVID-19 risk among healthcare workers.

Follow our coverage of the coronavirus crisis here

Moneycontrol News
first published: Jun 18, 2020 08:17 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347