RDIF, ChemRar Name New Drug Undergoing Trials To Treat COVID-19 Avifavir - Statement
Sumaira FH Published May 23, 2020 | 02:02 AM
A new drug that has shown its effectiveness at combating COVID-19, which is being produced as a joint venture between the Russian Direct Investment Fund (RDIF) and the ChemRar Group, will be called Avifavir, according to a statement published by the RDIF on Friday
MOSCOW (UrduPoint News / Sputnik - 22nd May, 2020) A new drug that has shown its effectiveness at combating COVID-19, which is being produced as a joint venture between the Russian Direct Investment Fund (RDIF) and the ChemRar Group, will be called Avifavir, according to a statement published by the RDIF on Friday.
According to the organization, Avifavir is currently undergoing clinical trials and early results are promising. The RDIF stated that it is the first Russian antiviral drug that has shown its effectiveness in clinical trials.
"Avifavir shows better results compared to other drugs that are currently being tested in Russia and abroad.
RDIF and ChemRar are cooperating with both leading medical institutions and state regulatory bodies. We look forward to receiving approval for the production of Avifavir in the near future," RDIF CEO Kirill Dmitriev said in the statement.
On Thursday, the Russian Ministry of Health gave the green light to begin trialing Avifavir on 330 patients who have tested positive for COVID-19, the RDIF stated.
In the first stage of trials, no side-effects were observed and the efficacy rate was over 80 percent.
The treatment, which was previously called favipiravir, disrupts the reproduction mechanisms of the coronavirus that causes COVID-19.
Related Topics
Recent Stories
PTI to stage nationwide protests against alleged electoral frauds
Senate continues discussion on Presidential address to Joint Sitting of Parliame ..
Masood Khan calls for Pak-US cooperation for regional peace
Interior Minister starts Margalla Trail Patrol for security
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 26 April 2024
Today Gold Rate in Pakistan 26 April 2024
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
More Stories From World
-
Vietnam National Assembly head resigns amid graft purge
4 minutes ago -
Team from Gaza mediator Egypt heads to Israel: source
24 minutes ago -
Xi tells Blinken US, China should be 'partners, not rivals'
24 minutes ago -
Ukraine agriculture minister freed on bail in corruption case
44 minutes ago -
Vietnam National Assembly head resigns amid graft purge
44 minutes ago -
Calls for mosque demolition weigh on India's Muslim voters
54 minutes ago
-
Chinese shares close higher Friday
54 minutes ago -
China's EV execs bullish on Western pressure at Beijing car show
1 hour ago -
EU toughens rules on fashion retailer Shein
1 hour ago -
Xi meets U.S. secretary of state in Beijing
1 hour ago -
Ukrainian minister detained over suspected corruption: prosecutors
1 hour ago -
Golf: PGA Zurich Classic of New Orleans scores
1 hour ago