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Affordable Covid-19 treatment: Cipla fixes Remdesivir price

Covid treatment to become become incredibly cost-effective.

by Antara Adhikari
September 3, 2020
in Generic Drugs, Covid-19, Health, News, Pharma, Reports
Reading Time: 2 mins read
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India bans the export of Remdesivir drug as Covid-19 cases surge

Visual representation of the Remdesivir drug manufactured by Cipla pharmaceuticals. (Image Source: Cipla.com)

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THD NewsDesk, MUMBAI: Cipla has cracked the code for affordable Covid-19 treatment with their generic version of remdesivir, Cipremi, which has been priced at 4,000 rupees per 100 mg vial. It is one of the lowest-priced versions available globally, as per the company’s claims. The first batch was confirmed on Tuesday, July 8th. Cipla employs the manufacturing company, Sovereign Pharma for the production of the vaccine.

The first batch is priced at 4,000, 800 rupees below the cheapest version launched by their European competitor Mylan this week. Mylan’s Desrem is priced at 4,800 rupees. Privately held Hetero Labs Ltd’s version, Covifor is priced at 5,400 rupees per vial. Remdesivir’s original version was priced by its developer, Gilead Sciences Inc. at $390 per 100 mg vial for affluent nations. Gilead Sciences Inc. signed licensing deals with generic producers to make it universally available. 

Cipla India business chief executive officer and executive vice president Nikhil Chopra said via email that Cipremi is to launch commercially on Wednesday. Cipla hopes to supply over 80,000 vials within the first month. Also, this affordable Covid-19 treatment will be available via the government and hospitals only, according to Cipla.

More versions of remdesivir are expected to be launched by several healthcare firms of India. Indian companies form most of the world’s pharmaceuticals. It should be noted that remdesivir is the only approved major treatment for COVID-19 so far.

The exact number of vials of Cipla’s drug required for providing this affordable Covid-19 treatment is yet to be determined. According to Gilead, a typical patient would need about six vials of remdesivir for a five- day course. The number of COVID-19 cases in India has increased exponentially. India is the third nation with the highest number of cases. The total number so far is 700,000.  Brazil and the US follow India in the list of the most affected nations. 

It is important to make the coronavirus treatment affordable to the general population if the pandemic is to be curbed effectively. To ensure the accessibility of the treatment, this is a rather sizeable beginning. 

Source: Reuters

Antara Adhikari

Antara Adhikari

Antara is a women's rights activist and a Master of Social Work student at the Tata Institute of Social Sciences, Mumbai. She has always been intrigued by society's socio-cultural and economic intersections and its bearing on people's lives. To advocate for the excluded and bring forth the million feeble voices through her writing remains at the centre of her heart. Along with being an avid music enthusiast, she relishes reading and writing poetry.

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