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12/7/2021, 7:31 AM (Source: TeleTrader)
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Hyundai Bioscience gets approval for COVID drug testing

Hyundai Bioscience Co. confirmed on Tuesday that its oral drug CP-COV03 turned out to be very effective against COVID-19 when used with dexamethasone.

"Dexamethasone can come with side effects such as reducing the activity of the immune system. That is why it is important to find a medication that can be combined to produce the right anti-viral effect. CP-COV03 will be the best combination for dexamethasone," the company's representative Jin Keun-woo told Yonhap citing research conducted in animals.

Hyundai Bioscience received the approval to start the phase one clinical trial in adult patients. Corticosteroid dexamethasone is currently used with Gilead Sciences' remdesivir in critically ill COVID-19 patients.

Baha Breaking the News (BBN) / ND