Maharashtra: ‘Demand For Remdesivir Drops By 85% In Country’

Pune: The demand for antiviral Remdesivir, which was being widely used and sold for over 10 times its listed price in the black market in April, has reported a significant drop in sales across the country.

The All-India Organization of Chemists’ and Druggists’ Association (AIOCDA) and manufacturers reported an 85% drop in sales, mainly after the second wave of Covid-19 started receding in most states from early May.

Across the country, data shows around a 85% drop in sales during the last 15 days,” said Jagannath Shinde, president, AlOCDA, an association of nationwide network of drug retailers and wholesalers. Chemists’ Association of Pune district said the drop was 90% in Pune.

Remdesivir became popular during the harrowing second wave that hit India in April. The anti-viral injection that sent people scouting for it was recently included in the Oxford dictionary following extensive demand which, however, has taken a nosedive now.

“As per an industry trade report, over 85 lakh vials of Remdesivir are stockpiled with 16 manufacturers. There is a looming fear that a substantial number of the vials will cross their expiry date as demand has significantly gone down across the country,” Shinde said.

Drug production was ramped up 10 times from 33,000 vials per day to 3.5 lakh between April 11 and May 29. To meet domestic requirements, export of Remdesivir was also prohibited on April 11. From the third week of April, the Centre started allocating Remdesivir to states.

Medical experts TOI spoke to made it clear that the drug has not fallen out of favour.

Related Posts

Sun Pharma recalls over 1900 bottles of epilepsy drug in US

According to the US FDA’s latest enforcement report, the recall was initiated after black spots were found on the tablets due to burnt excipient used for manufacturing. New Delhi: Sun…

Delhi Police Bust Illegal Network Smuggling Counterfeit and Unauthorised Anti-Cancer Medicines in Delhi-NCR

New Delhi: The Delhi Police Crime Branch has busted an alleged illegal network involved in the smuggling, adulteration and distribution of counterfeit and unauthorised anti-cancer and other life-saving medicines in the…

Leave a Reply

Your email address will not be published.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

You Missed

Sun Pharma recalls over 1900 bottles of epilepsy drug in US

Sun Pharma recalls over 1900 bottles of epilepsy drug in US

Delhi Police Bust Illegal Network Smuggling Counterfeit and Unauthorised Anti-Cancer Medicines in Delhi-NCR

Delhi Police Bust Illegal Network Smuggling Counterfeit and Unauthorised Anti-Cancer Medicines in Delhi-NCR

Pharmacy worker arrested for illegally supplying prescription drugs, ₹4.8 lakh worth of drugs seized

Pharmacy worker arrested for illegally supplying prescription drugs, ₹4.8 lakh worth of drugs seized

Meiji Seika to push new vaccine with SII in India

Meiji Seika to push new vaccine with SII in India

DGFT automates EO extension process to ease compliance for pharma exporters

DGFT automates EO extension process to ease compliance for pharma exporters

Udan vs Udaan: Delhi court restrains pharmaceutical firm from using ‘Udaan’ mark

Udan vs Udaan: Delhi court restrains pharmaceutical firm from using ‘Udaan’ mark