Ivermectin is an antiparasitic medication primarily used to treat various parasitic infections in humans, such as onchocerciasis (river blindness) and lymphatic filariasis. Approved by the FDA, it works by binding to specific channels in parasites, leading to paralysis and death. While generally safe and effective for its approved uses, the drug gained attention during the COVID-19 pandemic, with some advocating for its use despite insufficient evidence supporting its efficacy against the virus. Misuse or self-medication can lead to serious side effects. Therefore, it is crucial to use ivermectin only under medical supervision for appropriate conditions.

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The global lymphatic filariasis market was valued at USD 3.6 billion in 2023. The market is expected to expand at a CAGR of 10.1% from 2023-2032, and is expected to cross value of USD 7.8 billion by the end of 2032.

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