Category:

Pandemic

Eli Lilly signs deals to boost supply of COVID-19 treatment in India

The three Indian drugmakers – Cipla Ltd , Lupin Ltd and Sun Pharma – will collaborate with U.S.-based Lilly to help make and sell baricitinib in India.The agreements will bolster India’s arsenal of drugs to battle its catastrophic second wave of the pandemic, which has led to an acute shortage of coronavirus medicines including remdesivir and tocilizumab.

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Universal pricing system for COVID-treatment introduced in pvt hospitals: Kerala govt tells HC

The government said charges for various treatments, consumables, medicines, doctors and nursing should be made known to the public and will be monitored by the secretary Clinical Establishment Act.

”If any hospital is found to be charging more than the rates… they shall be levied a penalty which shall be ten times the additional charges by the concerned DMO(H),” it said.

Last week, the high court had directed the state government to take steps to introduce a uniform tariff rate for COVID-19 treatment at private hospitals.

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Underwriters puzzle over how to make pandemics insurable again

U.S. company SpottedRisk has devised a model built on years of data on the political and economic environment of film locations in 150 countries, as well as a year’s COVID-19 shutdown data, to come up with a pricing mechanism to cover the risk of production stopping due to the pandemic.
Britain, the European Union and the United States are all looking at arrangements in which cover from commercial insurers would be backed by government reinsurance schemes. Such schemes could be less costly than business bailouts but the process of developing them is slow, as governments grapple with the problems at hand.

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