As per the US health regulator's latest Enforcement Report, the US-based arm of Sun Pharmaceutical Industries is recalling a generic drug indicated to raise blood pressure in adult patients with acute hypotension.
Apart from reducing hospitalisation for the most vulnerable group and its efficacy against Omicron variants, Paxlovid has also shown to decrease the chances of long COVID-19.
Speaking at Global Investors Summit 2023 here, he said post-Covid pandemic, more countries are looking at India as a partner of choice in pharmaceutical sector, and Andhra Pradesh is ideally placed to take advantage because of a well-established ecosystem.
US-based Pfizer has signed a licensing agreement for Paxlovid with 30 drugmakers globally, including 19 Indian companies. Hetero and Zenara have said they received regulatory approvals for their versions of Paxlovid
A press release from the drug maker said it is the first prequalification for a generic version of Pfizer's COVID-19 oral anti-viral drug 'Paxlovid,' which the WHO called, the best therapeutic choice for high-risk patients to date.
According to sources, the company has acquired the plant for Rs 130 crore.
Remdesivir has emerged as one of the most promising drug candidates in the treatment of COVID-19
The tablets, under the brand name 'Hertab', have been launched in the strength of 250 mg, the company said.
Jaideep Gogtay, Clinical Head at Cipla pointed out that in India the cost of treatment of Hepatitis C ranges between Rs 75,000 to Rs 1.5 lakh per patient, depending on the type of virus and the intensity.
Homegrown drug major Cipla is in advance stage talks to acquire Hetero Drugs' US business, which is run under the Camber Pharmaceuticals brand.
The company has 20 facilities across the globe with portfolio of more than 200 products in 138 countries.