RDIF and ChemRar's favipiravir product first to get regulatory approval for COVID-19

1 June 2020

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Developed by the Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, and partner ChemRar Group, Avifavir has become the first favipiravir-based drug in the world approved for the treatment of COVID-19, the companies claim.

The RDIF and ChemRar, in which it has a 50% stake, announced today that they will deliver 60,000 courses of Avifavir to Russian hospitals this month. Avifavir is Russia’s first COVID-19 drug and has shown high efficacy in treating patients with coronavirus during clinical trials. Avifavir has received a registration certificate from the Ministry of Health of the Russian Federation.

But others likely not far away

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