The price of the new antiviral drug molnupiravir, a potential treatment for COVID-19, will not be that expensive and will be accessible to the people, a local official of MSD Pharmaceuticals said.
MSD Philippines President and Managing Director Dr. Beaver Tamesis made the statement as there were reports that it would cost about $700 per course of treatment.
Tamesis said that MSD , who is developing molnupiravir for the treatment of COVID-19, signed “voluntary licensing agreements” with at least seven Indian generic manufacturers, which is a way to make molnupiravir more accessible and affordable. “That is still something subject for negotiation. I know there have been companies that have reached out, we have sent them to our business developing team—local companies that have reached out….We are seriously in talks about this, what’s the best way forward,” said Tamesis.
“With these compelling results, we are optimistic that molnupiravir can become an important medicine as part of the global effort to fight the pandemic,” said Merck Chief Executive Officer and President Robert Davis.
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