Fujifilm will allow Dr. Reddy's to use its production patents and clinical data to study virus patients in India, the Middle East, and other regions, Dr. Reddy's said in a statementJapan's Fujifilm Holdings Corp announced a deal with India's Dr Reddy's Laboratories and Dubai-based Global Response Aid (GRA) to sell its anti-flu drug Avigan for COVID-19 treatment globally excluding Japan, China and Russia. The deal comes as global drug makers rush to get factories ready for large-scale production of potential treatment and vaccines for COVID-19, the respiratory disease caused by the coronavirus, and move ahead with clinical trials.
Fujifilm is conducting a clinical study on Avigan to treat COVID-19 patients in Japan and the United States and has been seeking to increase the drug's production by partnering with domestic and overseas companies. The agreement provides for Fujifilm Toyama Chemical, a unit of the Japanese company, to grant Dr. Reddy's and GRA the right to develop, make and sell Avigan overseas and get a lump-sum license fee and royalties on sales, it said in a statement on Wednesday.