{"id":124245,"date":"2021-12-21T17:10:27","date_gmt":"2021-12-21T17:10:27","guid":{"rendered":"https:\/\/fin2me.com\/?p=124245"},"modified":"2021-12-21T17:10:27","modified_gmt":"2021-12-21T17:10:27","slug":"u-s-fda-set-to-authorize-pfizer-merck-covid-19-pills-this-week-bloomberg-news","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/u-s-fda-set-to-authorize-pfizer-merck-covid-19-pills-this-week-bloomberg-news\/","title":{"rendered":"U.S. FDA set to authorize Pfizer, Merck COVID-19 pills this week – Bloomberg News"},"content":{"rendered":"
Slideshow ( 2 images )<\/span><\/figcaption>

(Reuters) -The U.S. Food and Drug Administration is set to authorize COVID-19 treatment pills from both Pfizer Inc and Merck as early as Wednesday, Bloomberg News reported on Tuesday, citing people familiar with the matter.<\/p>\n

The two drugs, especially Pfizer\u2019s pill Paxlovid, are seen as promising new oral treatments that can be taken upon onset of symptoms at home to help prevent COVID-19 hospitalizations and deaths.<\/p>\n

Merck\u2019s drug, molnupiravir, developed with Ridgeback Biotherapeutics, was shown to reduce hospitalizations and deaths by around 30% in a clinical trial of high-risk individuals early in the course of the illness.<\/p>\n

Molnupiravir gained a narrow vote in favor of authorization by a panel of advisers to the FDA on Nov. 30.<\/p>\n

Meanwhile, Pfizer\u2019s Paxlovid showed near 90% efficacy in preventing hospitalizations and deaths in high-risk patients.<\/p>\n

The FDA did not immediately respond to a request for comment.<\/p>\n

Britain in November became the first country in the world to approve Merck\u2019s antiviral drug for use in people with mild to moderate COVID-19 and for those who have at least one risk factor for developing severe illness.<\/p>\n

The United States has a contract to buy as many as 5 million courses of Merck\u2019s drug, and 10 million courses of Pfizer\u2019s treatment.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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