With Nearly 20,000 Americans Still Hospitalized, COVID Remains A Threat – NanoViricides Gets Ready To Begin Clinical Trials For The World To Defeat It, And To Prepare For Battling Against The Next Likely Coronavirus Pandemic

Read the latest report on NanoViricides, Inc NNVC here.

The Centers for Disease Control (CDC) remains vigilant against the increased spread or return of COVID because there are still close to 20,000 hospitalizations with as many as 2,300 deaths weekly directly from COVID infections in the USA as of March 5, 2023. 

Yet, effective treatments for COVID still remain elusive. Even so-called “hybrid immunity,” a combination of immunity derived from vaccines and from natural infections, offers full or partial protection against reinfection only for around eight months. All the antibodies that were developed to fight the virus are essentially useless by now as the virus keeps on changing its cloak. Therefore, the world continues to need an effective treatment for COVID.

However, exciting news exists in that there is a company, NanoViricides Inc. NNVC, that has rapidly developed a novel drug against COVID and most coronaviruses.

Significant problems with the remaining antivirals currently on the market for COVID are known: Molnupiravir (Merck, MRK), a pill that prevents replication of the viral  RNA genome, is potentially mutagenic, which can bring the risk of cancer and other diseases; Paxlovid (Pfizer, PFZ), an oral COVID antiviral, shows little effect on patients under 65 and the World Health Organization has recommendations against the use of Remdesivir (Gilead, GILD), a treatment only available intravenously and only for hospitalized patients. 

Meanwhile, COVID is not gone. Rather, it is now everywhere, with the potential of breaking out into severe pandemics every few years. 

Therefore, developing effective antivirals remains the only viable long-term strategy against COVID. Antivirals help the patient recover, help the immune system prevent the disease from causing serious harm, and importantly, effective antivirals also stop the virus from spreading.

Focus: There is a Company Developing A Broad-Spectrum Antiviral To Combat The Many COVID Variants And Most Other Coronaviruses.

NanoViricides, a leading nano-pharmaceutical drug development and commercialization company, is directly addressing this very important unmet need in healthcare. The company has rapidly developed a novel drug that works against most coronaviruses including SARS-CoV-2. 

NanoViricides is now getting ready to start clinical trials outside the US for its lead clinical drug candidate, NV-CoV-2, an antiviral to treat almost all important human coronaviruses. These coronaviruses include SARS-CoV-2 and its variants which cause COVID, the seasonal coronaviruses that cause common colds such as OC-43, H229E, including the more severe ones that cause acute respiratory syndromes similar to COVID like NL63, and also the deadly ones like SARS-CoV-1 and MERS. 

These coronaviruses are important because while SARS-CoV-2 became a major pandemic,  other endemic coronaviruses have been causing loss of productivity, human suffering, and deaths every year, along with causing minor epidemics with different types erupting around the globe. And all of these viruses have the potential to generate variants that can result in major pandemics.  

There are four known currently circulating globally endemic human coronaviruses, namely, hCoV-229E, hCoV-OC43, hCoV-HKU1, and hCoV-NL63. Of these, NL63 causes symptoms similar to the Delta SARS-CoV-2, with lower-lung disease and breathlessness, but with less severity and lower fatality rates. In addition, the deadly SARS-CoV-1 caused a small global epidemic around 2002-2004; and the even more deadly MERS, which survives in camels, continues to be a threat for travelers and residents of Middle Eastern countries. SARS-CoV-1 is presumed to be extinct because of its overall high case fatality rate of around 10%. MERS is sporadic because it has a very poor ability for human-to-human transmission, but its case fatality rate is approximately 35%, rivaling Ebola and Marburg viruses.

NanoViricides, Inc says NV-CoV-2 is a “broad-spectrum” drug, which means that no matter how much the coronavirus changes, this drug will continue to be effective. The Company believes this drug will be substantially more effective than other therapies and treatments already on the market. Also, it believes that NV-CoV-2 can be added to other therapy regimens to achieve greater effectiveness because it works by a mechanism different from that of the other available COVID drugs.  

The Company has three formulations of the NV-CoV-2 drug – as oral gummies, oral syrup, and as a solution for injection, infusion, and inhalation. These multiple formulations make the drug applicable to a wide range of patients: both with or without comorbidities; to out-patients with mild to moderate COVID infection; as well as to severe hospitalized cases. 

NanoViricides is excited to move forward with its potential treatment for COVID and help facilitate the healthcare industry’s efforts to deal with the ever-existing threat of coronavirus pandemics and to serve the market for COVID therapies and treatments which is currently worth more than $11 billion globally. 

Interested in learning more about NanoViricides, Inc NNVC Visit its website.

Featured photo by CDC on Unsplash

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.

Market News and Data brought to you by Benzinga APIs
Posted In: BiotechPenny StocksGeneralNanoViricidesPartner Content
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...