...
...
Next Story

UK’s Hikma starts manufacturing Covid-19 treatment remdesivir for Gilead

The company will supply the first batches of the antiviral drug “soon,” and Gilead is expected to distribute the treatment, which was the first to be greenlit for the illness caused by the new coronavirus.

Published on: Aug 7, 2020, 14:00:45 IST
Reuters | By
Prefer HTon Google
Advertisement

Hikma Pharmaceuticals has started manufacturing remdesivir, an approved treatment for Covid-19 from U.S.-based Gilead, for an undisclosed amount at its facility in Portugal, the British company’s chief executive officer said.

“The terms of the deal are confidential, we are simply a contract manufacturer for Gilead - they order products from us as they expect the sales to be,” CEO Siggi Olafsson told Reuters on Friday. (REUTERS)
“The terms of the deal are confidential, we are simply a contract manufacturer for Gilead - they order products from us as they expect the sales to be,” CEO Siggi Olafsson told Reuters on Friday. (REUTERS)

The company will supply the first batches of the antiviral drug “soon,” and Gilead is expected to distribute the treatment, which was the first to be greenlit for the illness caused by the new coronavirus.

“The terms of the deal are confidential, we are simply a contract manufacturer for Gilead - they order products from us as they expect the sales to be,” CEO Siggi Olafsson told Reuters on Friday.

 
Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries. Follow major international events on Hindustan Times.
Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries. Follow major international events on Hindustan Times.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe