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India bans export of Covid-19 treatment drug remdesivir

Remdesivir

This file photograph taken on April 8, 2020, shows vials of the drug 'remdesivir' during a press conference on Covid-19 medication at The University Hospital Eppendorf (UKE) in Hamburg, northern Germany. 

Photo credit: Ulrich Perrey | AFP

A month after suspending Covid-19 vaccine exports, India has banned the export of an anti-viral drug Remdesivir and its active pharmaceutical ingredients after a record spike in coronavirus cases led to a surge in demand for the drug.

The Indian government Sunday said the ban will be in place in an attempt to balance rising domestic demand.