Society | Mar 25

Japan's Shionogi signs govt supply pact for pill to fight COVID

Mar 25 (Reuters) - Japan’s Shionogi & Co has signed a basic agreement with the government to supply an oral COVID-19 treatment it is now developing, the firm said on Friday.

The government is considering buying a million doses of the drug pending regulatory approval, the company added in a statement.

Shares of the company surged as much as 3.9% on the news, versus a decline of 0.3% in Tokyo’s benchmark index.

Last month Shionogi sought approval of the pill, a protease inhibitor known as S-217622 that would become Japan’s third antiviral approved for coronavirus patients, following those developed by Pfizer Inc and Merck & Co. ...continue reading

Source: ANNnewsCH

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