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  • Eli Lilly starts phase...

Eli Lilly starts phase 3 trial for COVID-19 antibody treatment

Ruchika SharmaWritten by Ruchika Sharma Published On 2020-08-05T11:15:56+05:30  |  Updated On 12 Aug 2021 3:09 PM IST
Eli Lilly starts phase 3 trial for COVID-19 antibody treatment
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US: American pharmaceutical firm Eli Lilly and Company has announced the start of its phase 3 trial to study whether one of its experimental Covid-19 antibody treatments can prevent the virus infection in residents and staff at long-term care facilities.

LY-CoV555, the lead antibody from Lilly's collaboration with Canadian biotech AbCellera, is a neutralizing antibody against SARS-CoV-2, the virus that causes Covid-19, reports Xinhua news agency.
More than 40 per cent of coronavirus deaths in the US linked to long-term care facilities creates the urgent need for therapies to prevent Covid-19 in this vulnerable population, Eli Lilly and Company said in a release on Monday.
The first-of-its-kind study is expected to enrol up to 2,400 participants who live or work at facilities that have had a recently diagnosed case of Covid-19 and who are now at a high risk of exposure.
It will evaluate the efficacy and safety of LY-CoV555 for the prevention of SARS-CoV-2 infection and Covid-19, testing whether a single dose of LY-CoV555 reduces the rate of SARS-CoV-2 infection through 4 weeks, as well as complications of Covid-19 through 8 weeks, said the company.
"Covid-19 has had a devastating impact on nursing home residents," said Daniel Skovronsky, Lilly's chief scientific officer and president of Lilly Research Laboratories, in a statement.
"We're working as fast as we can to create medicines that might stop the spread of the virus to these vulnerable individuals."
Read also: Eli Lilly COVID-19 Drug Could Be Authorized For Use In September: Report

eli lillyeli lilly newsly-cov555abcelleracoronaviruscovid-19
Source : IANS
Ruchika Sharma
Ruchika Sharma

    Ruchika Sharma joined Medical Dialogue as an Correspondent 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

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