South Korea approves Celltrion's COVID-19 treatment to be used

Flags bearing the South Korean countrywide flag and Celltrion's flag flutter within the wind on the company's headquarters in Incheon, South Korea, October 28, 2016. REUTERS/Kim Hong-Ji

SEOUL, Sept 17 (Reuters) - South Korea on Friday approved drugmaker Celltrion Inc's (068270.KS) antibody COVID-19 remedy for contaminated adults in excessive-possibility corporations or those with severe signs.

section III clinical trials showed that the medication greatly decreased deterioration of COVID-19 symptoms to extreme degree s and shortened recuperation, the Ministry of meals and Drug security said in an announcement on Friday.

The remedy decreased the rate of high-chance sufferers constructing extreme symptoms by means of 72% and shortened healing through 4.12 days, the ministry talked about.

Celltrion stated in a separate regulatory filing it plans to practice for emergency use approval and permission for the remedy from each and every country via continuous discussions with each regulatory company.

Celltrion shares closed up three.2% on Friday, in comparison with a 0.3% rise in the wider market (.KS11).

Reporting through Joyce Lee; editing by way of Jason Neely

Our standards: The Thomson Reuters believe ideas.

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