EvolVeritas to develop antiviral drug against coronavirus

Pharma

EvolVeritas said on Friday that it is developing an antiviral drug candidate against coronavirus with a HUF 220 million grant from Hungary's National Research, Development and Innovation Office (NKFIH), according to a report by state news wire MTI.

The company said it specializes in the development of protein-based drugs based on controlled evolution.

EvolVeritas also pledged to develop a new anti-thrombotic drug candidate that it had already begun working on before the coronavirus pandemic.

The planned deadline for the completion of the project is March 2022.

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