Jubilant Life Sciences said it entered into a non-exclusive licensing agreement with US-based Gilead Sciences to make and sell the latter’s anti-viral drug Remdesivir in 127 countries, including India. The re-purposed Ebola drug is being considered as a potential therapy for coronavirus (Covid-19). Under terms of the licensing agreement, Jubilant will have the right to receive a technology transfer of the Gilead manufacturing process and can scale up production. This would, however, be subject to approvals by regulatory authorities in the respective countries.

(Business Standard)