Zydus Cadila- a leading Indian Pharmaceutical Company on Monday, 6th July 2020 got approval from Mexicans regulatory authority Cofepris to test one of its drugs - Desidustat in the fight against COVID19.
A Cadila healthcare official said in a regulatory filing, Clinical and regulatory development of Desidustat in COVID-19 is being executed in Mexico by Avant Sante Research Centre S.A de C.V, a leading contract research organization headquartered in Monterrey, Mexico.
The company stated that it will conduct a study to evaluate the efficacy and safety of Desidustat tablets for the management of COVID-19 patients. As a part of the study, 100mg tablets of Desidustat will be administered for a period of 14 days along with recommended standard care during the trial.
Zydus Cadila Chairman Pankaj R Patel said, At Zydus, we have been stepping up our efforts to fight the COVID-19 pandemic through therapeutic drugs, diagnostics, and vaccines. With Desidustat we will study a novel approach for the management of COVID-19.
Zydus Cadila had initiated two phase- III trials of Desidustat. Last week Zydus received approval from Indian Authorities to start human trials for testing the COVID-19 vaccine. Zydus is the second company to receive such a nod for testing the vaccine during the times of such pandemic worldwide.
Shares of Cadila Healthcare, the listed entity of the group, were trading at Rs 363.40 apiece on BSE, 0.78 percent lower than their previous close.
