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Thai FDA expected to approve locally-made Favipiravir antiviral drug this month

Thai FDA expected to approve locally-made Favipiravir antiviral drug this month

13 Sept 19:14 Key points summarised by AI
  • The Thai FDA anticipates approving locally-produced Favipiravir antiviral drug this month for treating COVID-19 patients.
  • Collaborative research and development by NSTDA, GPO, and PTT have successfully progressed in creating precursor ingredients and Active Pharmaceutical Ingredients (API) from local materials.
  • Local production is projected to significantly reduce costs, cutting the current import price of 117-120 baht per tablet to an estimated 30-40 baht.
  • This initiative, part of the government’s Bio-Circular-Green Economy (BCG) strategy, aims to strengthen Thailand's pharmaceutical self-reliance and reduce dependence on imports.
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