On January 10, in accordance to the official web site of the Tianjin Medical Purchasing Center, the value of Molnupiravir, a COVID-19 drug developed by US pharmaceutical firm Merck, was 1,500 yuan ($222) per bottle of 40 capsules. Meanwhile, the CIF import value (excluding tax) was between 1,100 yuan and 1,200 yuan, which is decrease than the $712 it sells for in different nations such because the United States, Japan and South Korea.
The value of Molnupiravir per bottle is decrease than that of Pfizer’s COVID-19 oral drugs Paxlovid, which prices 1,890 yuan per field for non permanent medical insurance coverage in some locations in China. Molnupiravir and Paxlovid are each used to deal with grownup sufferers with extreme danger elements for COVID-19.
SEE ALSO: Pfizer to Provide COVID Pill Paxlovid to China in First Half of 2023
Molnupiravir has been co-developed by Merck and Ridgeback Biotherapeutics, and was accredited on the market in China on December 29, 2022, turning into the second imported COVID-19 small molecule oral drug accredited within the nation.
In September final 12 months, Merck signed a cooperation framework settlement with Sinopharm Group, granting the distribution rights and unique import rights of Molnupiravir in China to the Chinese state-owned group. On January 11, Merck China revealed in a press release that it had began negotiations with Sinopharm on a manufacturing know-how license for Molnupiravir, which might permit Sinopharm to produce and provide the drug domestically.
According to The Paper, Cai Maisong, the vice chairman of Sinopharm, stated in an interview on January 10, “It is optimistically estimated that Merck’s Molnupiravir is expected to be sold in the domestic market before the Spring Festival.” Liu Yong, the president of Sinopharm, said on January 11 that Molnupiravir is predicted to enter the market in China on Friday.
Regarding the most recent progress of Molnupiravir’s home gross sales, Cai stated that within the early morning of January 4, a whole bunch of hundreds of packing containers of the drug had arrived at a warehouse in Shanghai, and that its continued transportation can be ensured.
As for which channels and areas Molnupiravir will undertake in future gross sales, Cai’s reply was massive hospitals. Its sale by on-line platforms can be topic to the directions of related departments, he added.
Recently, information emerged {that a} suspected unauthorized generic drug of Molnupiravir was utilized in some hospitals in Zhejiang. Merck stated that Sinopharm is the one legally licensed importer in China and that it has by no means licensed different producers within the nation to produce or copy Molnupiravir.
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