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

‘Erring pharma companies’: Over 1,000 cough syrup manufacturers undergo intense audits

The Central Drugs Standard Control Organisation (CDSCO) along with State Drugs Controllers (SDCs) have conducted Risk-Based Inspections. NEW DELHI: The Centre on Tuesday said India’s drug regulator has conducted risk-based…

Maharashtra FDA permanently cancels Pune-based pharma firm’s license over six contaminated medicines, GMP lapses

The inspection revealed incomplete manufacturing records, poor hygiene, inadequate quality-control systems and the omission of ingredients specified in approved Ayurvedic formulations. The Maharashtra Food and Drug Administration (FDA) on Thursday…

Leave a Reply

Your email address will not be published.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

You Missed

‘Erring pharma companies’: Over 1,000 cough syrup manufacturers undergo intense audits

‘Erring pharma companies’: Over 1,000 cough syrup manufacturers undergo intense audits

Maharashtra FDA permanently cancels Pune-based pharma firm’s license over six contaminated medicines, GMP lapses

Maharashtra FDA permanently cancels Pune-based pharma firm’s license over six contaminated medicines, GMP lapses

Amneal Pharma completes acquisition of Kashiv BioSciences

Amneal Pharma completes acquisition of Kashiv BioSciences

Delhi High Court Directs Meesho to Remove Alleged Counterfeit Sun Pharma Sunscreen Listings

Delhi High Court Directs Meesho to Remove Alleged Counterfeit Sun Pharma Sunscreen Listings

IIT Guwahati Develops ‘E-Eye’ for Rapid Detection of Cancer-Causing Heavy Metals and Other Toxicants

IIT Guwahati Develops ‘E-Eye’ for Rapid Detection of Cancer-Causing Heavy Metals and Other Toxicants

AB-PMJAY Crackdown: 2,359 Hospitals De-empanelled, 1,200 Suspended for Violating Scheme Guidelines, Nadda Tells Lok Sabha

AB-PMJAY Crackdown: 2,359 Hospitals De-empanelled, 1,200 Suspended for Violating Scheme Guidelines, Nadda Tells Lok Sabha