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Strides Sees COVID-19 Pills Not Impacting Vaccine Uptake

Sputnik Revenues From Q4

 
• By Vibha Ravi

Strides’ CEO tells Scrip Merck’s molnupiravir and Pfizer’s Paxlovid are not seen impacting COVID-19 vaccine uptake as boosters and immunization for travel will drive continued demand. The Indian company expects to book Sputnik Light sales from Q4. Meanwhile, US revenue guidance of $225-250m has been pushed back by a year to FY23.

Oral Therapy Or Pills Against COVID-19
Oral Therapies For COVID-19 Not Seen Reducing Vaccine Demand • Source: Alamy

While the new oral antiviral drugs against COVID-19, Merck & Co., Inc./Ridgeback Biotherapeutics LP’s molnupiravir and Pfizer Inc.’s Paxlovid (PF-0721332), are a welcome addition to the battle against the disease, they are unlikely to negatively impact vaccine uptake, Strides Pharma Science Limited’s CEO R Ananthanarayanan feels.

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