Relief Therapeutics sees 60-70% chance of COVID-19 drug approval

The Swiss group owns the rights to the drug in the United States and Europe.

Reuters

August 08, 2020 / 13:33 IST

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Relief Therapeutics' chairman said he was optimistic its RLF-100 (aviptadil) drug will win approval for treating COVID-19 patients in a matter of months.

The Swiss group owns the rights to the drug in the United States and Europe.

Its US partner NeuroRx is running multicentre clinical trials in patients who are severely ill because of the consequences of COVID-19, the respiratory disease caused by the new coronavirus.

"The active pharmaceutical ingredient of aviptadil has been used for a lot of years in different indications. From a safety standpoint we are quite optimistic," Raghuram Selvaraju told Swiss newspaper The Market in an interview posted late on Friday.

"From an efficacy standpoint we need more data. I would say the probability at the moment stands at 60 to 70 percent that we will get the drug approved," he added.

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