New COVID pill is almost 90% effective in clinical trials, Pfizer announced

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Pharmaceutical company, Pfizer, has introduced a new antiviral COVID-19 which showed close to 90 percent efficacy in preventing hospitalisations and deaths in high-risk patients.

Pfizer announced that it has produced 180,000 treatment pills ready for use this year and plans to produce at least 80 million in 2022.

The company says recent lab data suggested the drug retains its effectiveness against the fast-spreading Omicron variant of the coronavirus.

According to WHO, there are currently no oral antiviral treatments for COVID-19.

Pfizer’s remarks came on Tuesday, December 14, after it said last month the drug was about 89 percent effective in preventing hospitalisations or deaths when compared with placebo based on interim results in about 1,200 people, however, the new data includes an additional 1,000 people.

Nobody in the trial who received the Pfizer treatment died, compared with 12 deaths among placebo recipients.

The Pfizer pills are taken with the older antiviral ritonavir every 12 hours for five days beginning shortly after the onset of symptoms.

The drug’s name will be Paxlovid, if it is authorized by health authorities.

“It’s a stunning outcome,” Pfizer Chief Scientific Officer Mikael Dolsten said in an interview.

“We’re talking about a staggering number of lives saved and hospitalisations prevented. If you deploy this quickly after infection, we are likely to reduce transmission dramatically,” Dolsten added.

Meanwhile, the US government has already secured 10 million courses of the Pfizer drug for $5.29bn.