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

  • Pharma
  • December 21, 2024
  • 135 views
Karnataka Govt Files Criminal Cases Against Pharma Firm In Ballari Maternal Deaths Case

Bengaluru: The Karnataka government has initiated prosecution against Paschim Banga Pharmaceuticals after five women died following C-section deliveries in Ballari district, where they were administered the company’s IV fluid. Health Minister…

  • Pharma
  • December 21, 2024
  • 196 views
NPPA Notifies Ceiling Price Of 13 Formulations, Retail Price Of 65 New Drugs

New Delhi:  The National Pharmaceutical Pricing Authority (NPPA) has notified ceiling price fixation of 13 scheduled formulations, retail price fixation of 65 new drugs against applications from individual companies, and…

Leave a Reply

Your email address will not be published.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

You Missed

Karnataka Govt Files Criminal Cases Against Pharma Firm In Ballari Maternal Deaths Case

Karnataka Govt Files Criminal Cases Against Pharma Firm In Ballari Maternal Deaths Case

NPPA Notifies Ceiling Price Of 13 Formulations, Retail Price Of 65 New Drugs

NPPA Notifies Ceiling Price Of 13 Formulations, Retail Price Of 65 New Drugs

Over 14,000 PMBJK Centres Set Up To Provide Generic Medicines: Govt

Over 14,000 PMBJK Centres Set Up To Provide Generic Medicines: Govt

Telangana DCA Cracks Down On Illegal Drug Practices

Telangana DCA Cracks Down On Illegal Drug Practices

Pune: Two Arrested For Selling Illegal Steroid Injections In Gyms

Pune: Two Arrested For Selling Illegal Steroid Injections In Gyms

Serum To Make Chikungunya Vaccine In India

Serum To Make Chikungunya Vaccine In India