Sun, Accord, Amneal And Apotex Donate Hydroxychloroquine
MedPharm Donates Hand Sanitizer While Beximco Donates PPE
Major generics companies have donated hydroxychloroquine sulfate doses for research and treatment of coronavirus. Companies are also donating hand sanitizer and personal protective equipment and are preparing to ramp up manufacturing and production.
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Aiming to “aggressively expand sales,” Amneal has announced that it will be launching 15 new generics by August 2021. Amneal’s generics business has also reported growth beyond its set targets for the first quarter of 2020.
Sandoz is sponsoring a major hydroxychloroquine trial while other major industry players like Teva, Mylan, Apotex, Stada and Lupin are also accelerating efforts to fight the coronavirus crisis. Accord and Wavelength Pharma have stepped up their manufacturing to meet demand, as the AAM has cancelled its annual meeting.
As the global pharmaceutical supply chain comes under stress due to the coronavirus pandemic, the AAM throws light on how generics are continuing to reach patients and hospitals through the US supply chain.