Dr Reddy’s cuts Remdesivir price

Hyderabad: Amid a spike in Covid-19 cases and an acute shortage of Remdesivir, Hyderabad-based pharma major Dr Reddy’s Laboratories is not just ramping up production of the drug but has decided to slash the maximum retail price by half in the interest of patients.

The company said it will also be rolling out a liquid variant of Redyx, its Remdesivir brand, that will be faster to manufacture and supply.

“We are making every effort to ensure that Dr Reddy’s Remdesivir, sold under the brand name Redyx, reaches as many patients in India, as possible. We are ramping up production and are also bringing to market a liquid product that is faster to make and supply,” the company said.

“We have also reduced our MRP by 50% so that price is not a barrier to access, and a much larger number of patients can access it,” it added.

To ensure full visibility on the availability of the drug to patients and health professionals, the firm has set up a dedicated website that is updated in real-time to show city-wise availability of Redyx and Favipiravir at various stockists and hospitals across the country.

  • Related Posts

    Semaglutide generics ‘stimulating’ Obesity market growth, says Eli Lilly’s Patrik Jonsson

    New Delhi: The entry of semaglutide generics in India is ‘stimulating’ market growth and providing a favourable push to Eli Lilly’s blockbuster brand Mounjaro (tirzepatide), said Patrik Jonsson, Executive Vice…

    Pak-made illegal cosmetics recovered from Itwari shop

    Nagpur: Maharashtra Food and Drug Administration (FDA), Nagpur Division, raided a cosmetics firm in Itwari market and seized Pakistan-origin beauty products suspected to have harmful mercury and steroids last week. The…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Semaglutide generics ‘stimulating’ Obesity market growth, says Eli Lilly’s Patrik Jonsson

    Semaglutide generics ‘stimulating’ Obesity market growth, says Eli Lilly’s Patrik Jonsson

    Pak-made illegal cosmetics recovered from Itwari shop

    Pak-made illegal cosmetics recovered from Itwari shop

    Licences of 20 medical stores suspended after inspections

    Licences of 20 medical stores suspended after inspections

    Bain Capital sells nearly 1 pc stake in Emcure Pharma for Rs 289 crore

    Bain Capital sells nearly 1 pc  stake in Emcure Pharma for Rs 289 crore

    Sun Pharma to acquire U.S. firm Organon in $11.75 billion deal

    Sun Pharma to acquire U.S. firm Organon in $11.75 billion deal

    HP accounts for 47 inferior drugs in March alert

    HP accounts for 47 inferior drugs in March alert