India News
India’s Jubilant Life Sciences signs licensing deal for remdesivir drug | Writer | Admin | |||
---|---|---|---|---|---|
India’s Jubilant Life Sciences Ltd said on Tuesday it had signed a
non-exclusive licensing agreement for selling Gilead Sciences Inc’s
experimental Covid-19 treatment remdesivir in 127 countries, including India.
The drug earlier
this month received the US Food and Drug Administration’s emergency use authorization
to treat Covid-19 patients.
Jubilant also gets
the rights to manufacture the drug and scale up production in nearly all
low-income and middle-income countries, as well as some high-income nations.
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