Covid-19: Daewoong Pharma gets regulatory okay for phase 1 trial of anti-parasitic niclosamide drug

Daewoong had said its anti-viral drug had completely eliminated the novel coronavirus from animals' lungs during pre-clinical testing.

Published On 2020-10-13 09:30 GMT   |   Update On 2020-10-13 09:35 GMT

Seoul: South Korean drugmaker Daewoong Pharmaceutical Co Ltd said on Monday that it had received regulatory approval for Phase 1 clinical trials of its anti-parasitic niclosamide drug to treat COVID-19 patients.The approval comes after the company in August received Indian regulatory approval to test the drug in Phase 1 trials.The company confirmed the safety of the drug in its latest study...

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Seoul: South Korean drugmaker Daewoong Pharmaceutical Co Ltd said on Monday that it had received regulatory approval for Phase 1 clinical trials of its anti-parasitic niclosamide drug to treat COVID-19 patients.

The company confirmed the safety of the drug in its latest study in partnership with New Delhi-based Mankind Pharma Ltd, Daewoong said in a statement.

In September, Daewoong separately launched another overseas human trial of the drug in the Philippians.

Read also: Govt says emergency use authorization for COVID vaccine to depend on trial data

Daewoong plans to seek conditional approval for its anti-viral drug, DWRX2003, for emergency use after securing the results from a second-stage clinical study, the company said.

Daewoong had said its anti-viral drug had completely eliminated the novel coronavirus from animals' lungs during pre-clinical testing.

Read also: Mankind Pharma joins hands with Daewoong Pharma for clinical trial of Covid drug Niclosamide



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Article Source : Reuters

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