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

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Your email address will not be published.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