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2) Veklury (remdesivir) Veklury, approved by the FDA in 2020, is a SARS-CoV-2 nucleotide analog RNA polymerase inhibitor designed for the treatment of COVID-19. Veklury generated a revenue of $3.91 It also has a significant presence in consumer health sectors such as dermatology, nutritionals and allergy. billion in 2022.
These companies include Moderna, a US biotech company which has formed a partnership with the National Institute of Allergy and Infectious Diseases (NIAID), Oxford University who has partnered with AstraZeneca, and Johnson & Johnson, Merck and Pfizer. Company Drug Purported Mechanism of Action Evidence to Date Developmental Status.
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