January 18, 2022

The World Live Breaking News Coverage & Updates IN ENGLISH

The World Live Breaking News Coverage & Updates IN ENGLISH

Dr Reddy’s to launch generic Covid-19 Merck drug at about 50 cents a pill

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Dr Reddy’s to launch generic Covid-19 Merck drug at about 50 cents a pill
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Dr Reddy’s to launch generic Covid-19 Merck drug at about 50 cents a pill
Dr Reddy’s to launch generic Covid-19 Merck drug at about 50 cents a pill

BENGALURU: Drugmaker Dr Reddy’s Laboratories Ltd will launch its generic version of Merck‘s antiviral Covid-19 pill, molnupiravir, and price it at 35 rupees ($0.4693) per capsule, a company spokesperson said on Tuesday.
The overall cost for a patient treated with a 5-day course of 40 capsules of the generic drug, to be sold under brand name ‘Molflu’, will come up to 1,400 rupees ($18.77). In comparison, the treatment with Merck’s pill in the United States costs $700.
“Molflu is expected to be available from early next week in pharmacies throughout (India) with particular focus on states with high caseload of Covid-19,” the company spokesperson said.
India last week gave emergency use approval to molnupiravir along with two vaccines, as the country braces for a possible spike in coronavirus cases due to the rapidly spreading Omicron variant.
The South Asian nation reported 37,379 new Covid-19 cases on Tuesday, its highest since early September.
With a view to turn India into a manufacturing hub, Merck has entered into licensing agreements with eight domestic drugmakers, including Dr Reddy’s, to make and supply generic versions of molnupiravir to over 100 low- and middle- income countries.
A total of 13 companies in India will make molnupiravir, the country’s health minister said last week.
Governments around the world have been scrambling to buy a similar but more effective antiviral treatment from Pfizer , while Merck’s pill has faced some setbacks after disappointing trial data. ($1 = 74.5800 Indian rupees)

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