American pharmaceutical firm Eli Lilly and Company has announced the start of its phase 3 trial on one of its experimental COVID-19 antibody treatments.
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‘Phase 3 trial will evaluate the efficacy and safety of LY-CoV555 for the prevention of SARS-CoV-2 infection and COVID-19.’
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More than 40 per cent of coronavirus deaths in the US linked to long-term care facilities creates the urgent need for therapies to prevent COVID-19 in this vulnerable population, Eli Lilly and Company said in a release on Monday. Read More..
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The first-of-its-kind study is expected to enrol up to 2,400 participants who live or work at facilities that have had a recently diagnosed case of COVID-19 and who are now at a high risk of exposure.
It will evaluate the efficacy and safety of LY-CoV555 for the prevention of SARS-CoV-2 infection and COVID-19, testing whether a single dose of LY-CoV555 reduces the rate of SARS-CoV-2 infection through 4 weeks, as well as complications of COVID-19 through 8 weeks, said the company.
"COVID-19 has had a devastating impact on nursing home residents," said Daniel Skovronsky, Lilly's chief scientific officer and president of Lilly Research Laboratories, in a statement.
"We're working as fast as we can to create medicines that might stop the spread of the virus to these vulnerable individuals."
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Source-IANS