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Covid-19: Why is there a shortage of Remdesivir?- Business News

Inside Remdesivir puzzle: 6 producers, little supply! Demand fell to almost nil by January after the first wave of the pandemic in the country. Since there was no demand, most manufacturers stopped giving fresh orders for manufacturing PB Jayakumar | May 3, 2021 | Updated 19:22 IST Demand for Remdesivir fell to almost nil by January after the first wave of the pandemic in the country Reduction in production due to less demand after the first wave of coronavirus and lack of vigil on the part of the Government to ensure stockpiling led to current Remdesivir crisis, say sources. Gilead Life Sciences, the innovator of the re-purposed drug, had licensed six manufacturers in India to produce the drug. Most of them were dependent on contract manufacturers and their subsidiaries to make the product. Demand fell to almost nil by January after the first wave of the pandemic in the country. Since there was no demand, most manufacturers stopped giving fresh orders for manufacturing. Neith

Covid-19: Why is there a shortage of Remdesivir?

Covid-19: Why is there a shortage of Remdesivir? PB Jayakumar © India Today Group Covid-19: Why is there a shortage of Remdesivir? Reduction in production due to less demand after the first wave of coronavirus and lack of vigil on the part of the Government to ensure stockpiling led to current Remdesivir crisis, say sources. Gilead Life Sciences, the innovator of the re-purposed drug, had licensed six manufacturers in India to produce the drug.  Most of them were dependent on contract manufacturers and their subsidiaries to make the product. Demand fell to almost nil by January after the first wave of the pandemic in the country. Since  there was no demand, most manufacturers stopped giving fresh orders for manufacturing. Neither the manufacturers nor the policy makers anticipated a second wave and failed to stockpile the life saving drug, sources said.

Covid-19: Why is there a shortage of Remdesivir?- Business News

Covid-19: Why is there a shortage of Remdesivir?- Business News
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COVID-19: SC asks Centre to consider fixing ceiling price for drugs

COVID-19: SC asks Centre to consider fixing ceiling price for drugs The court said it has been informed by the Centre that NPPA has revised the maximum retail price of Remdesivir to Rs 3,500. BusinessToday.In | May 3, 2021 | Updated 01:22 IST The court said the Centre can consider invoking its statutory powers under the Drugs Price Control Order. The Supreme Court on Sunday asked the Centre to consider fixing ceiling price for drugs like Favipiravir, Tociluzumab, among others, used for treatment of COVID-19 patients as they are being sold at exorbiant rates. The court said it has been informed by the Centre that the National Pharmaceutical Pricing Authority (NPPA) has revised the maximum retail price of Remdesivir, an anti-viral drug used in COVID-19 treatment, to Rs 3,500. However, it has come to our notice that several other drugs which are being prescribed by doctors for treating COVID-19 patients like Favipiravir, Tociluzumab, Enoxaparin, Ivermectin, Methylprednisolone, P

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