Companies licensed to manufacture Remdesivir may have to sell it only to government institutions for now as the drug is still under trial, according to a report by The Economic Times.
The Drug Controller General of India (DCGI) has reportedly proposed that antiviral drug Remdesivir should be managed under a 'compassionate use' programme and not sold directly to private hospitals.
Moneycontrol could not independently verify the report.
Follow LIVE updates on the COVID-19 pandemic here
Gilead Sciences' experimental drug Remdesivir has been found to aid in the recovery of COVID-19 patients.
In India, US-based Gilead has licensing agreements for Remdesivir with four pharmaceutical companies - Cipla, Hetero Drugs, Jubilant Life Sciences and Mylan.
"Since most patients who are currently being treated for COVID-19 are in public hospitals and since the efficacy is still not known, this seems to be the thinking," an official told The Economic Times.
Gilead may apply to the Central Drugs Standard Control Organisation (CDSCO) for market authorisation of Remdesivir.
The US Food and Drug Administration (FDA) has approved the anti-viral drug for emergency use in treating COVID-19 patients, while Japan has fast-tracked review of the medicine.
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!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.