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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.
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...
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
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751