A researcher at a laboratory (Celltrion)
A coronavirus antibody treatment under development by local drugmaker Celltrion has shown a clinical improvement rate of 54 percent among mild and moderate COVID-19 cases, the company announced Wednesday.The company will now attempt to received emergency use approval from the European Medicines Agency and the US' Food and Drug Administration.
CT-P59 is part of a class of the monoclonal antibody drugs, which are manufactured copies of antibodies created by the human body to fight infections. A treatment by US firm Regeneron was given to US President Donald Trump during his COVID-19 infection. Regeneron‘s casirivimab received the FDA emergency use authorization on Nov. 21.
Another antibody therapy, Eli Lilly‘s bamlanivimab, was given the FDA’s emergency use authorization on Nov. 9.
Both antibody treatments have similar mechanisms, suppressing mild and moderate symptoms before they grow grave.
Eom said that unlike Eli Lilly's and Regeneron's, Celltrion's treatment clinically proved that it can alleviate symptoms in elderly patients with pneumonia.
Celltrion's trial participants were 56 percent over the age of 50, and 60 percent part of a high-risk population concurrently experiencing pneumonia.
Celltrion stressed in its regulatory filing that the probability of a clinically tested drug gaining final approval was only around 10 percent.
In drug development, there may be less-than-anticipated results which could lead to changes or a cessation of the company’s plans to commercialize the drug candidate in question, Celltrion said.
Investors are therefore advised to make informed and careful decisions, Celltrion said.
By Lim Jeong-yeo (kaylalim@heraldcorp.com)
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