Anixa claims drug shows signs of superiority over Paxlovid
Californian biotech Anixa Biosciences (Nasdaq: ANIX) and its partner MolGenie have claimed that they have synthesized a compound that appears to be considerably more potent than nirmatrelvir at inhibiting Mpro, the main protease of the SARS-CoV-2 virus.
Nirmatrelvir is the main component of Pfizer's (NYSE: PFE) Paxlovid, which was recently authorized to treat COVID-19. Paxlovid also includes ritonavir, which is an HIV drug.
"It's clear that more COVID-19 therapies—particularly inexpensive, room temperature-stable, oral therapies with improved pharmaco-dynamic properties—are needed"Amit Kumar, president, chief executive and chairman of Anixa, said: “We're pleased to report additional progress on our COVID-19 program.
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