header logo
Asia asset finance
Mogo Academy
Latest
Russia’s COVID-19 drug to be sold in 23 countries
Sep 25, 202002:39 PM
Russia’s COVID-19 drug to be sold in 23 countries

Russia’s coronavirus treatment drug Avifavir will be made available in 17 more countries in addition to the six countries where it is already sold, Russia’s sovereign wealth fund said in a statement Thursday. 

 

Avifavir, manufactured by Russia’s ChemRar biotechnology firm, was the world’s first drug to be registered for coronavirus treatment. Belarus, Bolivia, Kazakhstan, Kyrgyzstan, Turkmenistan and Uzbekistan already sell Avifavir, though it remains unavailable to Russian consumers as production is mostly export-oriented.

 

EU members Bulgaria and Slovakia, as well as Serbia, South Africa, Saudi Arabia, the UAE and several Latin American countries, are among the latest countries to receive supplies of the drug, the Russian Direct Investment Fund (RDIF)’s statement said. 

 

Russia has rolled out a total of three coronavirus treatment drugs, two of which became available in pharmacies across the country starting this week. 

 

All coronavirus drugs produced in Russia are variants of favipiravir, the generic version of an anti-flu medication developed by Japan’s Fujifilm in 2014. Favipiravir has been shown to reduce recovery time for the virus in clinical trials.

 

Fujifilm said Wednesday that it would seek the drug’s regulatory approval in Japan next month after the latest trials for Covid-19 treatment yielded statistically significant results. Fujifilm’s efforts to get the drug approved for coronavirus treatment were delayed after its initial trials were deemed “inconclusive” due to a lack of tested patients. 

 

Russian President Vladimir Putin hailed Russia’s efforts in the fight against Covid-19 in an address to the UN General Assembly on Tuesday, extending an invitation for partnership over Russia’s Sputnik V vaccine. 

 

According to Sputnik V’s developers, 20 countries have already pre-ordered supplies of the vaccine, including India, Saudi Arabia, the Philippines and Brazil. 

 

Large-scale clinical trials of the Russian coronavirus vaccine are yet to be completed.

 

Source: The Moscow Times

 

 

 

MostRead
Mobitel Upahara
VideoStories
President’s recent speech made no reference to actual concerns – MP Dilith

President’s recent speech made no reference to actual concerns – MP Dilith

Ex-SIS chief Suresh Sallay transferred to Cardiology Unit of National Hospital

Ex-SIS chief Suresh Sallay transferred to Cardiology Unit of National Hospital

China's Communist Party marks 105th anniversary; PM Harini praises China's achievements and progress

China's Communist Party marks 105th anniversary; PM Harini praises China's achievements and progress

Colombo EV Motor Show 2026 officially inaugurated

Colombo EV Motor Show 2026 officially inaugurated

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

Lassana Flora