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

NBCC Buys Land In Dubai For AED 15 Million To Develop Mixed-Use Project, Marks Overseas Realty Foray

NBCC Buys Land In Dubai For AED 15 Million To Develop Mixed-Use Project, Marks Overseas Realty Foray

JK Tyre Completes Merger Of Cavendish Industries, Strengthening Scale And Operational Synergies

JK Tyre Completes Merger Of Cavendish Industries, Strengthening Scale And Operational Synergies

Housing Sales Dip 16 Per Cent To 98,019 Units In Oct–Dec Across Top 9 Cities: PropEquity

Housing Sales Dip 16 Per Cent To 98,019 Units In Oct–Dec Across Top 9 Cities: PropEquity

Rupee Slides 16 Paise To 89.79 Against Dollar As Foreign Fund Outflows and Bullion Demand Offset RBI...

Rupee Slides 16 Paise To 89.79 Against Dollar As Foreign Fund Outflows and Bullion Demand Offset RBI...

MCX & BSE faced a technology reckoning in 2025

MCX & BSE faced a technology reckoning in 2025