Finance minister: Govt to fund manufacturing of coronavirus pharmaceuticals

The Hungarian government is subsidising an expansion of pharmaceutical company Pannonpharma's plant in Pecsvarad, southern Hungary, designed to manufacture drugs against the coronavirus, Finance Minister Mihaly Varga said on Thursday. The plant, built from a 1.6 billion (EUR 4.6m) forint investment, will produce an interferon-based gel designed to activate the immune system supressed by the virus, and a pill with the same active substance to eliminate coronavirus in the stomach and intestines.