Smarter News Now
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
No Result
View All Result
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
No Result
View All Result
Smarter News Now
No Result
View All Result
Home Investing News

Treatment drug for mild to moderate COVID-19 available in the Philippines starting November

by
October 27, 2021
in Investing News
0
0
SHARES
14
VIEWS
Share on FacebookShare on Twitter
REUTERS

By Patricia Mirasol

Molnupiravir, an oral pill for the treatment of mild to moderate COVID-19, will be available in the Philippines starting November. The prescription medication will be dispensed in hospitals with a Compassionate Special Permit (CSP) from the Philippine Food and Drug Administration (FDA) under the brand name Molnaflu.

Four undisclosed local hospitals already have a CSP, with four undisclosed more currently applying for one.

A CSP is a special permit granted to physicians or hospitals to use drugs which are not yet registered or are in the process of registration in the Philippines for the treatment of seriously ill patients.

The oral medicine will benefit the 84% of Filipinos with mild to moderate COVID-19 cases, said Meneleo “Meny” C. Hernandez, Jr., president of pharmaceutical company JackPharma, Inc., in an Oct. 27 press conference. “Maaagapan siya [The progression of the disease can be arrested]. The patients will be treated very early on,” he said.

JackPharma, Inc. partnered with MedEthix, a pharmaceutical importer, to increase the reach of molnupiravir (Molnaflu) to medical institutions, hospitals, and treatment sites in compliance with the FDA’s CSP requirements.

Its mechanism of action is to insert itself in the body of the COVID-19 virus, making all copies of the virus defective when it replicates. Molnupiravir, which was developed by MSD (known as Merck in the United States and Canada) and Miami-based Ridgeback Biotherapeutics, comes in a 200 mg capsule. Its recommended regimen is 800 mg, to be taken twice daily for five days, for a total recommended dose of 40 capsules.

The initial shipment coming in next month, November, will be enough to treat 300,000 patients – or enough to cover the order of the four Philippine hospitals that already have CSPs, said Monaliza B. Salian, co-founder, president and chief executive officer of MedEthix.

“We already applied for an Emergency Use Authorization with the FDA yesterday,” she told the audience at the press conference.

Ms. Salian added that Aurobindo Pharma Ltd., the India-based manufacturer of the drug, has the capacity to meet the anticipated demand in the Philippine market.

Because it is under CSP, patients with mild to moderate COVID-19 can only get the prescribed drug in the pharmacies of hospitals with a CSP.

“We estimate each pill to be between P100-150,” Mr. Hernandez said.

Queries about the drug can be coursed to MedEthix at info@medethix.com.ph, 632-737-37777, 0969-017-0380, or 0945-455-9829. Patients who experience adverse effects while taking the drug may contact JackPharma at info@jackpharma.com or 0917-168-5225.

ShareTweetPin

Related Posts

Peso drops vs dollar on hawkish Fed signals
Investing News

Peso drops vs dollar on hawkish Fed signals

August 15, 2022
PSEi inches higher following Wall Street’s rally
Investing News

PSEi inches higher following Wall Street’s rally

August 15, 2022
Foreign chambers see potential for PHL as creative industry hub
Investing News

Foreign chambers see potential for PHL as creative industry hub

August 15, 2022
Sugar industry wants SRA to distribute imports 50-50 between industrial users, consumer market
Investing News

Sugar industry wants SRA to distribute imports 50-50 between industrial users, consumer market

August 15, 2022
Sweden offers help to improve EDSA Busway; DoTr not ruling out cable car proposals for NCR
Investing News

Sweden offers help to improve EDSA Busway; DoTr not ruling out cable car proposals for NCR

August 15, 2022
LGU borrowing proposals sharply lower at end of July
Investing News

LGU borrowing proposals sharply lower at end of July

August 15, 2022
Next Post

Google parent Alphabet posts revenues of $65bn as ads move online

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Email Address *
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
 

Recommended

Holcim profit down by 39% as sales fall

Holcim profit down by 39% as sales fall

March 1, 2021
Chivas turns red, gets new bottle

Chivas turns red, gets new bottle

May 18, 2022

Self Assessment Filing Deadlines and IncomeTax Rates 2020/2021

February 12, 2021
Government offers firms new lifeline grants to survive lockdown

Government offers firms new lifeline grants to survive lockdown

January 5, 2021
Fox News anchor Chris Wallace says he’s disappointed on behalf of America after a disastrous first debate between Trump and Biden, but says he’s fine with his performance as moderator

Fox News anchor Chris Wallace says he’s disappointed on behalf of America after a disastrous first debate between Trump and Biden, but says he’s fine with his performance as moderator

September 30, 2020
Mexico’s central bank says falling commodity prices complicate stimulus plans in emerging markets

Mexico’s central bank says falling commodity prices complicate stimulus plans in emerging markets

April 24, 2020
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2022 SmarterNewsNow.
All Rights Reserved.

Disclaimer: SmarterNewsNow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

No Result
View All Result
  • About Us
  • Contact Us
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Terms & Conditions
  • Thank You

Copyright © 2020 SmarterNewsNow. All Rights Reserved.