26 C
Kuwait City
November 1, 2020
Home » Fujifilm seeks approval for Avigan as Covid-19 treatment – News

Fujifilm seeks approval for Avigan as Covid-19 treatment – News

Source link

Japan has already approved Avigan as an emergency flu medicine.

Fujifilm Holdings Corp said on Friday it was seeking approval for its flu drug Avigan as a treatment for COVID-19 in Japan, a move that comes after a late-stage study showed reduced recovery time for patients with non-severe symptoms.

Shares of the company closed roughly 3 per cent higher on the news.

The Nikkei newspaper last month cited ministry sources saying approval could be granted to the drug within a month of its application.

Japan has already approved Avigan, known generically as favipiravir, as an emergency flu medicine, which is the subject of at least 16 clinical trials around the world. But concerns remain, as the drug has been shown to cause birth defects in animal studies.

Japan’s government has called on Fujifilm to triple national stockpiles of the drug. The company said in a statement it has been working with strategic partners to meet that goal and requests by other countries to supply the drug.

Fujifilm in July signed a deal with India’s Dr Reddy’s Laboratories and Dubai-based Global Response Aid to sell Avigan for Covid-19 globally, excluding in China, Japan and Russia. The drug has been approved to treat COVID-19 in India and Russia.

Last month, Fujifilm said the late-stage study of 156 COVID-19 patients in Japan showed that symptoms of those treated with Avigan improved after 11.9 days, versus 14.7 days for a placebo group.

Results of the study, conducted by subsidiary Fujifilm Toyama Chemical, were found to be statistically significant.

Click here to read more news from @khaleejtimes

Related posts

‘Will you shut up, man?’: Quotes from the first Trump-Biden debate – News


Air Arabia Abu Dhabi to start operations on July 14 – News


Leaders reveal 11 factors that will shape UAE’s development – News


This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Please spend a minute

Gulflance Poll

Which is worst social media?
Vote Now

You're currently offline