Sector News

Pfizer inks manufacturing deal with Gilead for COVID-19 med remdesivir

August 11, 2020
Life sciences

Pfizer has inked a multi-year agreement with Gilead Sciences to manufacture and supply the investigational antiviral drug remdesivir for the treatment of COVID-19.

Under the terms of the agreement, Pfizer will provide contract manufacturing services at its McPherson, Kansas facility in the US to manufacture and supply remdesivir for Gilead.
Following the agreement, Pfizer has become one of multiple external manufacturing organisations supporting efforts to scale-up the supply of the promising investigational COVID-19 treatment.

The deal supports Pfizer five-point plan, launched in March, which called on all members of the ‘innovation ecosystem’ to commit to working together in addressing the COVID-19 pandemic.
That includes large pharmaceutical companies and smaller biotech companies, as well as government agencies and academic institutions.

“From the beginning it was clear that no one company or innovation would be able to bring an end to the COVID-19 crisis. Pfizer’s agreement with Gilead is an excellent example of members of the innovation ecosystem working together to deliver medical solutions,” said Albert Bourla, Chairman and Chief Executive Officer at Pfizer.
“Together, we are more powerful than alone. As one of the largest manufacturers of vaccines, biologics and sterile injectables, it is a privilege to offer our expertise and infrastructure to help fight this pandemic.
“In that spirit, we are pleased that Gilead is using our manufacturing capacity to help facilitate supply of this medicine to patients as quickly as possible,” he added.

By: Lucy Parsons

Source: Pharma Times

Related News

September 25, 2020

Novo Nordisk tees up phase 3 trial for once-weekly insulin

Life sciences

People with Type 2 diabetes are no strangers to needles, with some injecting bolus insulin after meals, others injecting basal insulin once or twice a day, and others still doing […]

September 23, 2020

Novartis, Siemens to develop blood tests for multiple sclerosis

Life sciences

Siemens Healthineers has inked what it describes as a “master collaboration agreement” with Novartis to help provide diagnostic tests linked to therapies across the drugmaker’s pipeline. To start, the companies […]

September 22, 2020

GSK’s Zejula and AZ’s Lynparza leap toward broader EU approval

Life sciences

GlaxoSmithKline’s Zejula and AstraZeneca’s Lynparza have both moved towards EU approval in new indications after receiving positive opinions from the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human […]