Business Standard

Cipla says supply of Covid-19 drug Remdesivir catching up with demand

Backorders and complaints over low supply started moderating in the second week of May, the drugmaker said

Remdesivir, coronavirus, covid-19, drugs, medicine, health
Premium

Reuters
India's Cipla said on Saturday that its manufacturing of the COVID-19 Remdesivir drug was beginning to catch up with demand after the company sought to boost production amid a massive second wave of coronavirus infections in the country.
 
Backorders and complaints over low supply started moderating in the second week of May, the drugmaker said, after it began ramping up production of the antiviral drug last month.
 
Hospitals have faced shortages of the drug, which is being widely used and was sold in April for over 10 times its listed price in the black market.
 
Cipla's production of remdesivir is

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in