HomeCovid 19 UpdatesPfizer strikes global licensing deal for Covid pill

Pfizer strikes global licensing deal for Covid pill

US pharmaceutical giant Pfizer on Tuesday announced a deal to make its prospective antiviral Covid-19 pill available more cheaply in the world’s least wealthy countries.

Pfizer will sub-licence production of its promising Paxlovid pill to generic drug manufacturers for supply in 95 low- and middle-income nations covering around 53 percent of the world’s population.

Under the deal struck with the global Medicines Patent Pool (MPP), Pfizer — which also produces one of the most widely-used Covid vaccines with German lab BioNTech — will not receive royalties from the generic manufacturers, making the treatment cheaper.

The agreement is subject to the oral antiviral medication passing ongoing trials and regulatory approval.

The Pfizer drug is to be taken with the HIV medicine ritonavir.

Interim data from ongoing trials demonstrated an 89 percent reduction in the risk of Covid-19-related hospitalisation or death compared to a placebo, in non-hospitalised high-risk adults with Covid-19 within three days of symptom onset, said Pfizer.

Similar results were seen within five days of symptom onset, it added.

The Geneva-based MPP is a United Nations-backed international organisation that works to facilitate the development of medicines for low- and middle-income nations.

If approved, the pill could be on the market in “a matter of months”, MPP policy chief Esteban Burrone told AFP.

HIV drug mix

Pfizer will forego royalties on sales in all countries covered by the agreement while Covid-19 remains classified as a Public Health Emergency of International Concern by the World Health Organization.

Last month, the WHO maintained the highest level of alert over the spread of the SARS-CoV-2 virus that causes Covid-19.

Paxlovid, or PF-07321332, is an investigational antiviral therapy designed to block the activity of the SARS-CoV-2-3CL protease — an enzyme that the coronavirus needs to replicate.

Taking it together with a low dose of ritonavir helps slow the breakdown of PF-07321332. It therefore remains active in the body for a longer period at a high concentration, to help combat the virus.

The pill could potentially help patients avoid severe illness, which can lead to hospitalisation and death, Pfizer said.

“We believe oral antiviral treatments can play a vital role in reducing the severity of Covid-19 infections, decreasing the strain on our healthcare systems and saving lives,” said Pfizer chairman and chief executive Albert Bourla.

While a multitude of vaccines have been rolled out in the pandemic, the hunt for treatments for those who have already caught the disease has not been as fruitful.

Agreement follows Merck deal

The MPP was founded by Unitaid, which works on innovations to prevent, diagnose and treat major diseases in poorer countries.

“During a pandemic, saving time means saving lives. This agreement could help us to reach more people more quickly as soon as the medicine is approved,” said Unitaid executive director Philippe Duneton.

Potential sublicensees have until December 6 to register an expression of interest.

The announcement comes after the MPP signed a similar voluntary licensing deal with Pfizer’s US rivals Merck & Co last month for its investigational oral antiviral medicine molnupiravir.

Subject to regulatory approval, the deal will help create broad access to molnupiravir in 105 low- and middle-income countries.

Pills are easier to make than vaccines, do not require a cold chain for delivery and can be self-administered by the patient.

In terms of relieving health systems by preventing hospitalisations, “it’s a game changer”, said Burrone.

He said pricing for the Pfizer pill had not yet been set, but said that “in a competitive environment… the prices tend to come down” to a low level.

Doctors Without Borders (MSF) meanwhile suggested it might cost around $700 per Pfizer treatment course, in line with molnupiravir.

The medical charity said it was disheartened by the deal, saying restrictive voluntary licences were no substitute for guaranteed global access to Covid tools to bring the pandemic under control.

Trending Now

Spot an Injured Animal on Route 27? Don’t Touch It. Here’s Who to Call

If you see an injured animal on Route 27, the toll highway between San José and the central Pacific coast, don't pull over and...

Your 2027 Marchamo Is Lower if You Drive a Private Car

If you drive a private car, your 2027 marchamo is probably a little cheaper than last year's. The National Insurance Institute (INS) puts the...

Costa Rica’s Dry Season Starts This Week in Guanacaste and the Central Valley

If you live in or are visiting Guanacaste or the Central Valley, the rain is about to switch off. Costa Rica's dry season settles...

Fire Chief Says Fernández Gave No Order on Ambulance Deal, but a Memo Cites Her

A Sept. 25 memo cites President Fernández as the basis for a $13.88 million no-bid ambulance deal the fire chief defends.

Honduran Migrant Caravan Heads to US Amid Midterm Elections

Dozens of people left northern Honduras yesterday in a caravan bound for the United States, hoping the congressional elections will weaken U.S. President Donald...

Costa Rica Paid $701 Million More for Fuel This Year as Diesel Soared

Costa Rica's fuel imports cost $2,267 million through September, up 44.77%, as the average barrel rose 37% and diesel led the increase.

Pacific Low Has a 60% Chance of Turning Tropical as Costa Rica Braces for Rain

A low off Central America's Pacific coast now has a 60% chance of becoming a tropical depression, and heavy rain could reach parts of the region through the weekend. With soils already up to 90% saturated, here is what to expect and how to plan.

Alcaraz Wins First Paris Masters Title Ahead of ATP Finals

Carlos Alcaraz won his first Paris Masters title Sunday, beating American Ben Shelton 7-6 (5), 7-5 to claim his fifth trophy of the season...

National Geographic Names Costa Rica Central America’s Ultimate Nature Escape

National Geographic's new guide calls Costa Rica Central America's ultimate nature escape and maps six regions for travelers, as US arrivals slip.
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel