FujiFilm (FUJIY) to Ramp Up Production of Avigan for Treatment of COVID19

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(NEW YORK–FUJIFILM Corporation (FUJIY) announced it has expanded its manufacturing capacity to increase production of its influenza antiviral drug “Avigan® Tablet” (favipiravir) for treating patients with COVID-19.

To further boost the supply of Avigan, Fujifilm is allocating additional capacity at its FUJIFILM Wako Pure Chemical Co., Ltd. facility in Japan, for production of pharmaceutical intermediates used to manufacture Avigan, and has established strategic partnerships with domestic and overseas companies for various manufacturing processes to source raw materials and pharmaceutical substances.

Fujifilm expects to progressively increase the monthly production of Avigan up to 100,000 treatment courses by July 2020, and further accelerate production up to 300,000 treatment courses by September 2020.

FujiFilm joins others plyers in rush to find treatment of COVID19 such as Gilead Sciences (GILD) and Regeneron Pharmaceuticals (REGN).

FujiFilm is traded in the U.S. under stock symbol FUJIY, and in Japan under 4901.T

About Avigan®Tablet

Avigan Tablet was approved for manufacture and sale in Japan in 2014 as an influenza antiviral drug for novel or re-emerging influenza virus infections. Japanese government has a certain stock pile of the drug as a countermeasure against such influenza viruses. Avigan is not approved for distribution in the U.S. or any overseas countries. For more information, please see: http://fftc.fujifilm.co.jp/en/avigan/

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