Will Favipiravir Make it to North America?
Appili Therapeutics Secures $1m to Cross the Finish Line
TrialSite has extensively chronicled
the use of Favipiravir worldwide as a treatment for early-onset, mild-to-moderate COVID-19.
FUJIFILM Toyama Chemical Co., Ltd. (FUJIFILM)
is the original maker of the drug and has already entered into a license arrangement with Appili Therapeutics to commercialize the drug in Canada and potentially the United States.
A global partnership involving
Appili Therapeutics,
Dr. Reddy’s Laboratories,
FUJIFILMsubmitted a market authorization application to Health Canada at the end of 2020.
However,
that submission wasn’t accepted,
and Appili must complete its Phase 3 PRESECO (PREventing Severe COVID-19) clinical trial as a pathway to regulatory approval.A small Canadian biotech,
Appili just secured a $1 million investment from FUJIFILM,another member in the global consortium focused on the worldwide development, commercialization, and distribution of Avigan®/Reeqonus™ (favipiravir) tablets for the potential treatment and prevention of COVID-19.
A race is on to secure approval
for antivirals to supply the great majority of COVID-19 cases: the 90%+ of cases involving mild-to-moderate symptomatic COVID-19.