Hyundai Bioscience To Request Fast Track Processing In U.S. For Monkeypox Treatment Drug

Hyundai Bioscience said it has decided to submit a request for a fast track processing to the U.S. Food and Drug Administration for CP-COV03, an oral antiviral medicine for the treatment of monkeypox, which it developed as a treatment for COVID-19.

Hundai Bioscience plans to submit data related to results of animal studies of CP-COV03 to the FDA as swiftly as possible.

Niclosamide, the active ingredient of CP-COV03, has already been shown to have excellent efficacy against monkeypox type of virus, according to a recently published research.

Hyundai Bioscience has decided to accelerate the speed of current phase 2 study of CP-COV03 for COVID-19 by expanding the number of hospitals where clinical trials take place as of next week.

Niclosamide-based CP-COV03, a cell-directed drug as opposed to other virus-directed drugs, is a broad-spectrum antiviral drug candidate that promotes cellular autophagy, which induces cells to recognize virus as foreign substance and then destroy it, which is why the scientific community considers the drug's pharmacological mechanism of action applicable to almost all types of viral infections.

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