Roche Holding AG ( RHHBY Quick Quote RHHBY - Free Report) announced that it has entered into a collaboration agreement with Massachusetts-based privately held company Atea Pharmaceuticals, Inc. for jointly manufacturing and distributing AT-527, a potential oral treatment for hospitalized COVID-19 patients.
The investigational oral direct-acting antiviral (DAA) AT-527 is being developed by Atea and currently in phase II study for addressing hospitalized patients with moderate COVID-19 infection. A phase III study to evaluate the potential use of AT-527 in patients outside the hospital setting is expected to begin in the first quarter of 2021.
If approved, AT-527 will be distributed in the United States by Atea while Roche will be responsible for distribution in the ex-U.S. markets.
We note that Roche is evaluating its rheumatoid arthritis (RA) drug Actemra for the treatment of COVID-19 in various studies and a positive outcome will be a great boost, given the severity of the ongoing pandemic. Moreover, the company has a few diagnostics tests for SARS-CoV-2, the virus that causes the novel coronavirus disease.
It launched diagnostic products for COVID-19, namely SARS-CoV-2 rapid antigen test in the EU, cobas SARS-CoV-2 & influenza A/B test for use on the cobas 6800/8800 System, cobas SARS-CoV-2 & influenza A/B test on the cobas Liat System in urgent and emergency care settings and Elecsys AntiSARS-CoV-2 S antibody test for the markets accepting the CE Mark.
Roche also entered into a partnership deal with
Regeneron Pharmaceuticals for its new antiviral antibody cocktail to address COVID-19. Initial data showed that the REGNCOV2 antibody cocktail reduced viral levels and improved symptoms in non-hospitalized COVID-19 patients.
Currently, there are no FDA-approved treatments for the severe illness caused by SARS-CoV-2. The pharma/biotech sector is racing against time to develop treatments and vaccines to cure the contagion.
Eli Lilly ( LLY Quick Quote LLY - Free Report) recently submitted an initial request to the FDA for granting an Emergency Use Authorization (EUA) to its antibody therapy candidate LYCoV555 as a monotherapy for the treatment of high-risk patients who were recently diagnosed with mild-to-moderate COVID-19.
Vir Biotechnology ( VIR Quick Quote VIR - Free Report) and GlaxoSmithKline’s ( GSK Quick Quote GSK - Free Report) investigational monoclonal antibody VIR-7831 entered the phase III portion for the early treatment of COVID-19 in patients who are at high risk of hospitalization. Biggest Tech Breakthrough in a Generation
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