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#Remdesivir #COVID19 #RepublicTV

As India faces Remdesivir shortage amid the steep surge in COVID-19 cases, the Centre on Wednesday gave its nod to manufacturers for ramping up the production of the drug used to treat COVID-19 patients. After reviewing the situation with stakeholders on March 12 and 13, Minister of State (MoS) for Chemicals & fertilizers Masukh Mandaviya approved the increase in production and supply of Remdesivir and a subsequent decrease in its price.

Apprising of the current production of Remdesivir, the Union Ministry said that the current installed capacity allows the production of nearly 38.80 lakh vials per month. To ramp up the manufacturing, a fast-track approval has been given for seven additional sites having the production capacity of 10 Lakh vials per month to six manufacturers. The Centre has also said that production of another 30 lakh vials per month of Remdesivir has been lined up. The decisions taken at the high-level meeting are expected to enhance the production of the said anti-COVID drug by nearly 78 lakh vials/month.

Remdesivir price to be brought down
The decision to ramp up the production of Remdesivir comes days after the Union Government placed a ban on the export of the drug. The ban has placed an embargo on the export of nearly 4 lakh vials of Remdesivir which will be diverted to add up to the domestic supply. Significantly, manufacturers of the drug have also agreed to reduce the price of Remdesivir to below Rs 3500 by the end of this week.

READ | COVID-19: 6,000 Remdesivir vials arrive in Pune, says official
Moreover, the Centre has directed manufacturers to prioritize the supply of the drug to hospitals and medical institutions. Enforcement Authorities of States and Central Govt. have been directed by DCGI to take immediate action on the incidents of black-marketing, hoarding and overcharging of Remdesivir. National Pharmaceutical Pricing Authority (NPPA) is continuously monitoring the availability of Remdesivir.

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https://worldnews.foredooming.com/wp/wp-content/uploads/2021/04/Remdesivir-Manufacturers-To-Scale-Production-Slash-Price-To-Below-Rs-3500Vial-At-Centres-Behest.jpghttps://worldnews.foredooming.com/wp/wp-content/uploads/2021/04/Remdesivir-Manufacturers-To-Scale-Production-Slash-Price-To-Below-Rs-3500Vial-At-Centres-Behest-225x150.jpgtsutomuRepublic World#Remdesivir #COVID19 #RepublicTV As India faces Remdesivir shortage amid the steep surge in COVID-19 cases, the Centre on Wednesday gave its nod to manufacturers for ramping up the production of the drug used to treat COVID-19 patients. After reviewing the situation with stakeholders on March 12...The largest site that summarizes news videos from around the world in an easy-to-understand manner.

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