Five Indian firms ink licensing deal with MSD for COVID-19 drug molnupiravir: Report

Five Indian firms ink licensing deal with MSD for COVID-19 drug molnupiravir: Report

FPJ Web DeskUpdated: Tuesday, June 29, 2021, 04:35 PM IST
article-image
Representation picture | Photo by Nastya Dulhiier on Unsplash

MSD Pharmaceuticals Pvt Ltd, a wholly-owned subsidiary of Merck Sharp & Dohme (MSD), has signed non-exclusive voluntary licensing agreements with five established Indian generic manufacturers—Sun Pharmaceutical Industries, Cipla, Dr Reddy’s Laboratories, Emcure Pharmaceuticals and Hetero Labs—to contract manufacture the covid-19 drug molnupiravir, according to news reports.

Molnupiravir is an investigational oral antiviral agent currently being studied in a Phase 3 trial for the treatment of non-hospitalised patients with confirmed COVID-19. MSD is developing molnupiravir in collaboration with Ridgeback Biotherapeutics, CNBC-TV18 said.

"The scale of human suffering in India at this moment is devastating, and it is clear that more must be done to help alleviate it. These agreements, toward which we have been working as we have been studying molnupiravir, will help to accelerate access to molnupiravir in India and around the world," said Kenneth C. Frazier, chairman, and CEO, Merck & Co, Inc, US, according to the business channel.

RECENT STORIES

Rupee Races Off To Another Low; What More Than Treaties Can India Do To Support It?

Rupee Races Off To Another Low; What More Than Treaties Can India Do To Support It?

Dow & Nasdaq Surge As America Releases Perplexing Inflation Data

Dow & Nasdaq Surge As America Releases Perplexing Inflation Data

Income Tax Extension Trends On Social Media As Deadline For Filing Nears

Income Tax Extension Trends On Social Media As Deadline For Filing Nears

India's authentication and traceability industry projected to grow 11.3 percent to Rs 16,575 cr by...

India's authentication and traceability industry projected to grow 11.3 percent to Rs 16,575 cr by...

Oracle Financial Services Software Explains Why Shares Surged

Oracle Financial Services Software Explains Why Shares Surged