By Robert B. Roque, Jr. Typhoon “Ulysses” was a scourge that kept...
Chiral Pharma, Cytodyn Inc. partner to secure COVID-19 drug FDA approval
The Philippine Business and News
October 27, 2020
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Chiral Pharma Corporation, a subsidiary of New Marketlink Pharmaceutical Corporation (NMPC) and a frontrunner in the anti-rabies vaccine market, is working with CytoDyn Inc., a biotechnology company in the US focused on developing innovative treatments for multiple therapeutic indications, to obtain Food and Drug Administration’s (FDA) approval for CytoDyn’s product leronlimab to treat Coronavirus Disease 2019 (COVID-19) in the Philippines.
Chiral Pharma is excited for the opportunity to bring leronlimab (PRO 140) to the Philippines, given its promising results against COVID-19 in the United States. leronlimab is a monoclonal antibody CCR5 receptor antagonist used as a platform drug for a variety of indications. The drug blocks the immunologic receptor CCR5 to protect healthy T cells from viral infection. CytoDyn has already completed its Phase 2 clinical trial where mild-to-moderate COVID-19 patients in the U.S. were given leronlimab. Enrollment continues for its Phase 2b/3 randomized clinical trial for the severe-to-critically ill COVID-19 patients in several hospitals in the US and in the UK.
Under the partnership, CytoDyn will maintain responsibility for the development of leronlimab, while Chiral has agreed to help the biotech firm obtain FDA approval to make the drug available to the Filipino people.
By bringing this innovative drug to the Philippines, Chiral Pharma aims to help decrease the number of COVID-19 patients progressing to more severe cases in the country. “Companies across the globe are tirelessly developing medicines and vaccines to treat COVID-19. As CytoDyn has been working hard to complete the third phase of the clinical trial, we are committed to supporting the registration of leronlimab with the FDA in the Philippines. We are hoping the drug will greatly help our patients recover and have another chance at life,” Dr. Francis Z. Gomez, President and CEO said.
Chiral Pharma is an FDA-licensed company and authorized Philippine representative of CytoDyn Inc.
Business and politics inevitably affect each other. Reeling off from the global financial crisis a few years back, the Philippine Business and News will continue to provide helpful information and insights on issues that affect our nation including promoting of micro, small and medium enterprises and also assisting potential foreign investors who would like to set-up their business in the Philippines.