
Core Insights - The antiviral market is projected to reach USD 74.75 billion by 2028, with nanotechnology companies aiming to capture significant market share [2] - NanoViricides, Inc. is developing NV-387, a broad-spectrum antiviral drug that shows promise against multiple viruses, including coronaviruses and RSV [3][11] - The need for effective antiviral treatments, particularly for COVID-19, is highlighted by the ongoing challenges posed by new variants [4][9] Company Developments - NanoViricides has completed a Phase 1 safety study for NV-387, with results expected in the second half of 2024, and is planning a Phase 2 trial for RSV [3][9] - NV-387 has demonstrated a 180% improvement in survival rates in animal studies compared to Remdesivir, indicating its potential effectiveness [6] - The company is seeking collaborations with pharmaceutical firms to expedite regulatory approvals for NV-387 across multiple antiviral indications [17] Market Context - The current antiviral landscape is dominated by limited options, with Paxlovid being the only oral drug available for COVID-19, which has shown weak clinical effectiveness [8][12] - The global market opportunity for RSV vaccines is substantial, potentially reaching USD 9 billion to 10 billion, indicating a growing demand for innovative antiviral solutions [14] - Major pharmaceutical companies are diversifying their pipelines to address various viral threats, with Moderna recently receiving FDA approval for an RSV vaccine [15][16]