Glenmark Pharmaceuticals launches COVID-19 drug after DCGI nod

Indian pharmaceutical company Glenmark Pharmaceuticals has launched antiviral drug Favipiravir, under the brand name FabiFlu, for the treatment of patients with mild to moderate COVID-19.

Daily Current Affairs Quiz 2020

Key-Points

Glenmark Pharmaceuticals has received manufacturing and marketing approval from the Drugs Controller General of India (DCGI).

FabiFlu is the first oral Favipiravir-approved medication for the treatment of COVID-19, according to the company’s statement.

The company hopes that the availability of an effective treatment such as FabiFlu will considerably help assuage this pressure, and offer patients in India a much needed and timely therapy option.

Glenmark Pharmaceuticals

Glenmark Pharmaceuticals is a pharmaceutical company headquartered in Mumbai, India that was founded in 1977 by Gracias Saldanha as a generic drug and active pharmaceutical ingredient manufacturer. The company initially sold its products in India, Russia, and Africa.

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