FDC Limited Launches India's First Favipiravir Oral Suspension - Favenza

Home-grown pharma major, FDC Limited, today, announced the launch of India's first oral suspension of Favipiravir - Favenza Oral Suspension, used to treat mild to moderate cases of COVID-19. This prescription-only solution is currently available at all retail medical outlets and hospital pharmacies across the country.

The Favenza suspension is unique due to its Convenient Loading Dose (Day 1) of 18 ml in the morning and 18 ml in the evening. The results of which are equivalent to 9 tablets of Favipiravir 400mg making the process of Covid-19 treatment hassle free.

Mr. Mayank Tikkha, General Manager - Business Development & Commercial Excellence, FDC Ltd. commented, "With positive cases on the rise again, now is the time to provide healthcare warriors in our country with viable options in this continuous battle against this disease. In order to combat Covid-19, we believe in offering best efficacy along with convenience to our patients and as such we have focused our efforts in making the process of Covid-19 treatment hassle-free."

India, with the second highest number of cases globally, is seeing about 50,000 cases being added every day. Though on a decline, the second wave is far from over and there are fears of an oncoming third wave.

Shares of FDC LTD. was last trading in BSE at Rs.374.6 as compared to the previous close of Rs. 367.7. The total number of shares traded during the day was 46635 in over 2006 trades.

The stock hit an intraday high of Rs. 380 and intraday low of 360.75. The net turnover during the day was Rs. 17321498.

Source : Equity Bulls

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