KEY POINTS
  • Mylan will launch a generic version of Gilead Sciences' Covid-19 antiviral remdesivir in India at 4,800 rupees, about 80% below the price tag on the drug for wealthy nations.
  • Mylan's price was for 100-mg vials, but it was not immediately clear how many of those vials would be required for a full treatment course.
  • Last month, two Indian drugmakers, Cipla and privately held Hetero Labs, also launched generic versions of the treatment.

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An employee of Egyptian pharmaceutical company Eva Pharma holds a pack containing vials of Remdesivir, a broad-spectrum antiviral medication approved as a specific treatment for COVID-19, at the company's factory, which started producing the drug this week with a production capacity of up to 1.5 million doses per month.

Mylan said on Monday it would launch a generic version of Gilead Sciences' Covid-19 antiviral remdesivir in India at 4,800 rupees ($64.31), about 80% below the price tag on the drug for wealthy nations.

California-based Gilead has signed licensing deals with several generic drugmakers in an effort to make remdesivir available in 127 developing countries.

In this article