You are using an older browser version. Please use a supported version for the best MSN experience.

Coronavirus India: India bans export of wonder drug - Hydroxychloroquine

Zee Business logo Zee Business 25-03-2020 zeebizindia@gmail.com (Zee Business)
a group of people sitting at a table © Provided by Zee Business

Coronavirus India: In a significant move, India has banned the export of hydroxychloroquine, an anti-Malaria drug that is believed to work as a medicine for treating Coronavirus infected patients as well.

According to a late-night notification by the Ministry of Commerce and Industry, the export of medication and the composition ingredients used for its manufacturing have been banned.

See Zee Business Live TV streaming below:

"The export of Hydroxychloroquine and formulations made from Hydroxychloroquine under any ITCHS Code... is prohibited with immediate effect," the DGFT under the ministry said in the notification.

Recently, the national task force for COVID-19 constituted by Indian Council for Medical Research (ICMR) has recommended hydroxy-chloroquine as a preventive medication.

"Hydroxy-chloroquine is found to be effective against coronavirus in laboratory studies and in-vivo studies. Its use in prophylaxis is derived from the available evidence of benefit as treatment and supported by preclinical data," the advisory said.

Recently, the FDA also freed India`s IPCA from import ban so that it can ship unproven COVID-19 treatments. The FDA in 2015 banned products from three IPCA manufacturing facilities.

More From Zee Business

image beaconimage beaconimage beacon