The SARS-CoV-2 strain was isolated at National Institute of Virology (Pune), an institute under the ICMR, and transferred to Bharat Biotech.
Sources say Cipla-BDR's favipiravir will be at least 30 per cent cheaper than Glenmark's price of Rs 103 per tablet. Cipla did not confirm.
The public-private partnership trial-generated data will be soon presented before the country's drug regulator to see if it can get emergency-use authorisation.
Currently, the drug is allowed for "restricted emergency use" on severely ill hospitalised Covid patients in India.
State government to procure 10,000 vials for Rs 12 crore
Once touted as a 'wonder drug', HCQ has been battling global controversies around its safety and efficacy as a prophylactic against the new coronavirus SARS-CoV-2.
ICMR conducting study on presence of antibodies in people, results next week
The Indian government in March put a hold on exports of several drugs including paracetamol to secure supplies for its people after COVID-19 outbreak disrupted the industry's supply chain globally.
Till May 15, the overall inventory was 39 days, compared to 43 days in first half of the previous month
Injectibles account for 60% of crunch; most plants under American regulator's lens the past two months have now received positive outcomes
Data from market research firm AIOCD-AWACS shows that sales of oseltamivir (common brand Tamiflu), used against the influenza virus and also for swine flu, went up by 35.8 per cent in April
Sale of anti-infectives (11% of domestic pharma market) fell by 21.5%, while gynaecological and dermatological drugs fell by about 23%
The Pune-based company plans to start trials on people to assess whether the Bacille Calmette-Guerin (BCG) vaccine for tuberculosis can also protect against the Covid-19 virus.
With vaccines of some firms already in animal trial phase, developers say that if all goes well, India could have a vaccine by next year
With the pharma sector being rerated, given steady growth prospects and attractive valuations, all the companies, including pharma MNCs, will see greater investor interest
Despite the pharmaceutical industry having the essential commodities tag, the administration, police and building societies was not allowing movement of people and products
Combined capacity utilisation at all-India level is 60-70% - higher than in most other industries
Cipla gets nod for drug from USFDA earlier than expected; Lupin in fray
Cardio-diabetic and respiratory segments clock robust growth
In the first week of March, India restricted the exports of 13 APIs and their formulations to ensure there was no shortage in the domestic market.