Russia to allocate funds to produce new anti-COVID drug

Xinhua News Agency

VLADIVOSTOK — The Russian government will allocate 387 million rubles (about 4.8 million U.S. dollars) to produce Mir-19, a new anti-coronavirus drug developed by Russian scientists.

Russian Prime Minister Mikhail Mishustin signed a decree on the allocation of the funds, the press service of the Cabinet of Ministers said on Sunday (April 10).

The funds will be allocated to the state-owned Institute of Immunology of the Federal Medical and Biological Agency, which is the developer of this drug. The money will be used to upgrade and purchase the necessary equipment.

Mir-19 was registered by the Ministry of Health of Russia on Dec. 22, 2021. The drug can prevent and treat coronavirus infection via pulmonary or intranasal administration.

It stops the virus from replicating and prevents the most severe forms of the disease, as well as pneumonitis and acute respiratory distress syndromes.

Popular

Malacañang orders gov’t agencies, LGUs to ramp up El Niño preparations

Malacañang has directed government agencies and local government units (LGUs) to intensify preparations for a stronger El Niño to ensure adequate supplies of water,...

First Couple hails craftsmanship, talent in Filipiniana showcase of Filipino designers, weavers

By Dean Aubrey Caratiquet In a celebration of local talent and the country’s rich culinary heritage, the First Couple and former First Lady Imelda Marcos...

Underemployment rate decelerates in Sept 2026 Labor Force Survey

By Dean Aubrey Caratiquet In a press conference on Friday, National Statistician Claire Dennis Mapa shared the results of the September 2026 Labor Force Survey,...

PBBM leads ceremonial turnover of DRRAP funds to LGUs; warns local execs vs. corruption

By Dean Aubrey Caratiquet Reaffirming the administration’s unwavering support to local government units (LGUs), President Ferdinand R. Marcos Jr. continues to move forward with initiatives...