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Pfizer says Covid-19 pill Paxlovid cuts hospitalisation and deaths by 89 per cent
- The company will submit the data to the US Food and Drug Administration for emergency use authorisation
- Pfizer said it aims to produce more than 180,000 packs by the end of 2021
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A trial of Pfizer’s experimental antiviral pill for Covid-19 was stopped early after the drug was shown to cut by 89 per cent the chances of hospitalisation or death for adults at risk of developing severe disease, the company said on Friday.
The results appear to surpass those seen with Merck’s pill, molnupiravir, which was shown last month to halve the likelihood of dying or being hospitalised for Covid-19 patients also at high risk of serious illness.
Full trial data is not yet available from either company.
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Pfizer shares surged 13 per cent to US$49.47, while those of Merck fell 6 per cent to US$84.69.
Pfizer said it plans to submit interim trial results for its pill, which is given in combination with an older antiviral called ritonavir, to the US Food and Drug Administration as part of the emergency use application it opened in October.
The combination treatment, which will have the brand name Paxlovid, consists of three pills given twice daily.
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