Pharmaceutical company Zhejiang Hisun Pharmaceutical Co Ltd disclosed on Friday that the Chinese and Japanese governments have recommended the use of Favipiravir for treating COVID-19.
The company also stated that over 100 countries currently included the tablet for COVID-19 treatment.
Based on the data from Favipiravir's clinical tests published by the Ministry of Science and Technology of China, Favipiravir has shown good clinical efficacy against the disease and the tablet form makes it easily accessible. The company added Favipiravir is a broad-spectrum antiviral agent that inhibits the RNA-dependent RNA polymerase of RNA viruses. It has efficacy against Ebola, influenza and COVID-19.
Originally developed by Toyama Chemical Co Ltd, Favipiravir was approved as strategic stockpile as a countermeasure for virus in Japan. In 2016, the patent of Favipiravir was exclusively franchised to Zhejiang Hisun Pharmaceutical Co Ltd (HISUN). The finished approved drug can directly prevent the virus from replicating itself in cells, with a mechanism of action similar to Remdesivir.
Poolbeg PHarma plc receives notice of allowance for POLB 001 patent
RedHill Biopharma secures USPTO Patent for Talicia, extending protection through 2034
Micron Biomedical names new scientific advisor to CEO
Quanterix partners with leading health networks for Alzheimer's diagnosis advancements
Precision BioSciences reports FDA pre-IND feedback for PBGENE-HBV
VBI to sell manufacturing capabilities and enter new license agreement with Brii Biosciences
Ondine Biomedical's Steriwave shows promise in nasal pathogen reduction
BioSenic expands patent coverage for ATO therapeutic platform
PacBio unveils Nanobind PanDNA kit for enhanced DNA extraction solutions
Sequentify receives funding from Israel Innovation Authority
INOVIO plans BLA submission for INO-3107 as RRP treatment
ImmunityBio secures USD320m investment from Oberland Capital
Poolbeg Pharma prioritises promising RSV drug candidates identified through AI-led analysis
GHIT fund invests JPY500m in antimalarial drug clinical trial