The Swiss voice in the world since 1935

Swiss government funds four new Covid treatment drugs

medical test
© Keystone / Gaetan Bally

Four Swiss-based companies will received state funding to develop a range of new drugs to treat coronavirus, which are expected to be available by the end of 2022.

The contracts were signed in the context of the Federal Funding Programme for Covid-19 Medicines, run by the Federal Office for Public Health (FOPH) and the Swiss Innovation Agency Innosuisse, the government said on MondayExternal link.

The total value of the four deals is CHF27 million ($29.2 million).

The projects aim to treat a range of the symptoms caused by a Covid-19 infection and to mitigate the length and severity of illness.

Two of the drugs are monoclonal antibody treatments: one for the neuropsychiatric symptoms in sufferers of long Covid, and the other for use on patients at risk of a severe course of Covid-19. A third project is developing an oral pulmonary vasodilator which makers hope will prevent respiratory failure and reduce the need for artificial ventilation.

A final project is an antiviral and anti-inflammatory to treat “all severities of Covid-19”.

Switzerland will enjoy “certain benefits” in return for its investment, the government stated. This includes having a first option on purchases of the drugs.

The government’s medical procurement capabilities to tackle the coronavirus pandemic come under the remit of the Covid-19 law, approved for a second time by voters in a nationwide referendum two weeks ago.

More

Popular Stories

Most Discussed

News

Renovation of Chillon Castle can continue

More

Renovation of Château de Chillon can go ahead

This content was published on The cantonal parliament of Vaud has approved a loan of CHF9.5 million ($11.5 million) for Château de Chillon, the most-visited monument in Switzerland.

Read more: Renovation of Château de Chillon can go ahead
Climate Alliance: an action plan for its 20th anniversary

More

Climate Alliance presents action plan on 20th anniversary

This content was published on The Swiss Climate Alliance has presented an action plan showing how Switzerland could make a success of the energy transition and achieve a net zero balance within ten years.

Read more: Climate Alliance presents action plan on 20th anniversary
UBS economists more confident about the economy in 2025

More

UBS economists more confident about Swiss economy in 2025

This content was published on UBS economists have revised upwards their estimates of Swiss GDP growth for the current year. However, they are more pessimistic for next year, due to the spectre of US tariffs.

Read more: UBS economists more confident about Swiss economy in 2025

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR