AbbVie Inc. is teaming up with non-profit Scripps Research to develop direct-acting anti-viral treatments for COVID-19. While drug development during the pandemic has focused mainly on vaccines, emerging antiviral treatments are gaining ground so AbbVie and Scripps must contend with the likes of Pfizer Inc.'s Paxlovid (nirmatrelvir/ ritonavir), Merck & Co., Inc.'s Lagevrio (molnupiravir) and Gilead Sciences, Inc.'s Veklury (remdesivir) which are already available.
Paxlovid is expected to make $22bn this year, while Merck anticipates $5bn to $6bn in Lagevrio sales in the same...








