Remdesivir prices may rise after Gilead gets full authorisation from USFDA

In August, Gilead filed an application with the US Food and Drug Administration (USFDA) seeking full approval for remdesivir (Veklury)

Prices of a key drug used to treat hospitalised Covid-19 patients, remdesivir, may rise once the innovator, Gilead, gets a full approval from the US drug regulator, said industry sources. Currently, generic manufacturers make and sell remdesivir in India under a voluntary licensing agreement and are not required to pay any royalty to the innovator.

“This is because remdesivir is an investigational drug and not approved as a therapy for Covid-19. It has an emergency use authorisation from the USFDA and also the Indian regulator in the wake of the pandemic. Gilead had indicated while signing the licensing agreement that they