Licensing Deal

Biophore India Receives Licences From MPP To Market Molnupiravir

January 21,2022 10:10 AM
- By Admin

The licences are applicable for both active pharmaceutical ingredients (API) and finished product in capsules form. It enables the company to launch the product within India as well as export to 104 other countries around the world, Biophore India Pharmaceuticals said in a statement.

Biophore India Pharmaceuticals on Thursday said it has received licences from Medicines Patent Pool (MPP) on behalf of originator company MSD to manufacture and market molnupiravir for treatment of COVID-19 and will launch in India next week priced at Rs 1,500 for a pack of 40 capsules. The licences are applicable for both active pharmaceutical ingredients (API) and finished product in capsules form. It enables the company to launch the product within India as well as export to 104 other countries around the world, Biophore India 

Pharmaceuticals said in a statement. The development of the product is complete and is gearing up for launch based on this license within the next one week, it added. "We are committed to bring molnupiravir to the market in the shortest time possible complying to all quality and regulatory requirements - all our products are manufactured in USFDA approved facilities," Biophore CEO Jagadeesh Babu Rangisetty said. In December last year, the Drugs Controller General of India (DCGI) had allowed anti-COVID-19 pill Molnupiravir for emergency use in the country. However, ICMR's National Task Force for COVID-19 had last week decided against including the antiviral drug in the Clinical Management Protocol for COVID-19 citing safety concerns. PTI RKL MKJ