'Miracle' drug ivermectin unproven against Covid, scientists warn - (This is Money via NewsPoints Desk)

  • Researchers at the Barcelona Institute for Global Health are warning against taking the antiparasitic drug ivermectin as a treatment for COVID-19 despite headlines and social media posts touting it as a cure, as reported in This is Money.

  • According to the news source, Facebook posts and articles endorsing ivermectin have proliferated in Brazil, France, South Africa and South Korea, but health agencies say there is not enough evidence to promote the drug as a remedy for the novel coronavirus.

  • Researchers say flawed studies backing the drug have stoked black market sales, hampered further scientific research and swayed government responses to the pandemic.

  • "The policy decisions of ivermectin in Latin America have been largely based on the analysis presented in a pre-print in early April," experts at the Barcelona Institute for Global Health said. The paper was later retracted after experts raised methodological concerns.

  • Meanwhile, the FDA cautioned on its website last month that "while there are approved uses for ivermectin in people and animals, it is not approved for the prevention or treatment of COVID-19."

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