New Delhi: In a strong rebuttal to the drug regulator, Glenmark Pharma said it has been at the receiving end of careless, unsubstantiated allegations that are devoid of merits related to COVID drug, Fabiflu.
In a reply to V.G. Somani, Directorate General of Health Services, Central Drugs Standard Control Organisation, Glenmark has responded to allegations made in the representation by an unnamed Member of Parliament. Glenmark said it is "dismayed" by the allegations as it brought an oral anti-viral agent in less than 3 months, being the first and only company to conduct a robust 150-patient randomized controlled trial and launching the drug at an affordable price.
"Glenmark has been at the receiving end of such careless, unsubstantiated allegations that are devoid of merits whatsoever as amply demonstrated above", it said. On the concern raised by the MP on unaffordability due to high price, Glenmark said Compared to other therapies approved for emergency use in COVID-19, FabiFlu is much more economical and an effective treatment option. Further, given that Favipiravir is an oral therapy, patients can be treated on an out-patient basis without incurring additional hospitalization expenses, unlike other approved drugs which are injectable and hence require administration at hospitals.
Favipiravir in India, when launched, was at the lowest market cost (Rs 103/tab) as compared to the cost of Favipiravir in other countries where it was approved. Despite investing significantly throughout the process of manufacturing, Glenmark has managed to keep the pricing of Favipiravir lower as compared to the price of Favipiravir in other countries. Subsequently, on July 13, Glenmark reduced price of FabiFlu to Rs 75 per tablet. The price reduction was made possible through our efforts to obtain better yield and better scale, and with both API and formulations manufactured at Glenmark's own facilities in India.
Today, Favipiravir is a part of several state government protocols and thousands of COVID-19 patients have benefited from the prescription of the product, the company said. There is an allegation of misleading/false claim that Favipiravir is effective in COVID-19 patients with comorbidities like diabetes, hypertension as Phase 3 clinical trial was designed to evaluate the efficacy in these co-morbidities.
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