Merck enters supply agreement with U.S. government for molnupiravir
Category: #healthcare  By Mateen Dalal  Date: 2021-06-10
  • share
  • Twitter
  • Facebook
  • LinkedIn

Merck enters supply agreement with U.S. government for molnupiravir
  • The COVID-19 antiviral course will be supplied only after FDA provides a EUA.
  • Molnupiravir is currently in its phase 3 clinical trial.

Merck & Co. Inc. has reportedly entered a supply agreement with the U.S. government for molnupiravir, an oral antiviral drug for treating mild to moderate COVID-19. The American pharmaceutical giant would receive approximately USD 1.2 billion from the U.S government for supplying around 1.7 million courses.

According to reliable sources, Merck will supply these antiviral courses only after it receives a EUA from the U.S. Food & Drug Administration (FDA). Molnupiravir, which is co-developed with Ridgeback Biotherapeutics, is currently in its Phase 3 clinical trial called the MOVe-OUT study.

For those unaware, molnupiravir can potentially prevent the replications of multiple RNA viruses including SARS-CoV-1, MERS, and SARS-COV-2. The antiviral, at present, is in its phase 3 trial to evaluate its potential to reduce hospitalization as well as mortality rates.

Merck, meanwhile, has been making significant investments to upscale the production of molnupiravir and expects to produce around 10 million doses of the antiviral by the fourth quarter of 2021.

Rob Davis, President at Merck & Co., was quoted saying that the supply agreement with the U.S. government will help in providing easy access to molnupiravir which is yet to receive a EUA. He added that apart from the U.S. distribution deal, the company is also working towards making the drug available across the globe.

Merck claims to have signed various non-exclusive voluntary licensing agreements with esteemed manufacturers to enhance the accessibility of molnupiravir in low- and middle-income countries, after obtaining relevant authorization or approvals.

Apart from developing molnupiravir, Merck has also been contributing to the pandemic response by teaming up with Johnson & Johnson to boost the production capabilities of its COVID-19 vaccine.

Source credits –

https://www.businesswire.com/news/home/20210609005142/en/Merck-Announces-Supply-Agreement-with-U.S.-Government-for-Molnupiravir-an-Investigational-Oral-Antiviral-Candidate-for-Treatment-of-Mild-to-Moderate-COVID-19

About Author

Mateen Dalal    

Mateen Dalal

Despite working as a professional testing engineer, Mateen Dalal always held a liking for content creation. Following his passion, he now pens down articles for itresearchbrief.com and a couple of similar portals. Mateen is a qualified electronics and telecommunicat...

Read More>>

More News By Mateen Dalal

India’s Swiggy is now worth USD 10.7 Bn following a USD 700 Mn funding
India’s Swiggy is now worth USD 10.7 Bn following a USD 700 Mn funding
By Mateen Dalal

India’s food delivery behemoth Swiggy has reportedly bagged USD 700 million in a Series K fund...

McDonald’s Germany partners with location intelligence firm Targomo
McDonald’s Germany partners with location intelligence firm Targomo
By Mateen Dalal

McDonald's Germany has reportedly teamed up with Targomo, a location intelligence business, to m...

No evidence that healthy children, adolescents need boosters shots: WHO
No evidence that healthy children, adolescents need boosters shots: WHO
By Mateen Dalal

  Israel has already begun to give booster doses to its 12-year-old children. Even the FDA ...