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Nafamostat reduces COVID-19 risk: real-time meta analysis of 7 studies

@CovidAnalysis, May 2025, Version 1V1
Serious Outcome Risk
Hospital Icon Control
Hospital Icon Nafamostat
0 0.5 1 1.5+ All studies 30% 7 16,265 Improvement, Studies, Patients Relative Risk Mortality 4% 5 16,081 Ventilation 55% 1 155 Hospitalization -48% 1 42 Recovery 29% 3 271 Viral clearance 33% 1 29 RCTs 35% 5 342 RCT mortality 42% 3 158 Early 33% 1 29 Late 18% 6 16,236 Nafamostat for COVID-19 c19early.org May 2025 Favorsnafamostat Favorscontrol
Abstract
Significantly lower risk is seen for viral clearance. One study shows significant benefit.
Meta analysis using the most serious outcome reported shows 30% [10‑46%] lower risk. Results are similar for Randomized Controlled Trials. Results are consistent with early treatment being more effective than late treatment.
Serious Outcome Risk
Hospital Icon Control
Hospital Icon Nafamostat
0 0.5 1 1.5+ All studies 30% 7 16,265 Improvement, Studies, Patients Relative Risk Mortality 4% 5 16,081 Ventilation 55% 1 155 Hospitalization -48% 1 42 Recovery 29% 3 271 Viral clearance 33% 1 29 RCTs 35% 5 342 RCT mortality 42% 3 158 Early 33% 1 29 Late 18% 6 16,236 Nafamostat for COVID-19 c19early.org May 2025 Favorsnafamostat Favorscontrol
Currently there is limited data, with only 18 control events for the most serious outcome in trials to date.
4 RCTs with 742 patients have not reported results (up to 4 years late).
No treatment is 100% effective. Protocols combine safe and effective options with individual risk/benefit analysis and monitoring. Other treatments are more effective. All data and sources to reproduce this analysis are in the appendix.
Evolution of COVID-19 clinical evidence Meta analysis results over time Nafamostat p=0.0064 Acetaminophen p=0.00000029 2020 2021 2022 2023 Lowerrisk Higherrisk c19early.org May 2025 100% 50% 0% -50%
Nafamostat for COVID-19 — Highlights
Nafamostat reduces risk with very high confidence for pooled analysis, low confidence for viral clearance, and very low confidence for ventilation, progression, and recovery, however increased risk is seen with very low confidence for hospitalization.
Real-time updates and corrections with a consistent protocol for 141 treatments. Outcome specific analysis and combined evidence from all studies including treatment delay, a primary confounding factor.
A
0 0.25 0.5 0.75 1 1.25 1.5 1.75 2+ Okugawa (RCT) 33% 0.67 [0.50-0.89] viral load 19 (n) 10 (n) Improvement, RR [CI] Treatment Control Tau​2 = 0.00, I​2 = 0.0%, p = 0.0069 Early treatment 33% 0.67 [0.50-0.89] 19 (n) 10 (n) 33% lower risk Zhuravel (RCT) 76% 0.24 [0.03-2.08] death 1/52 4/50 Improvement, RR [CI] Treatment Control Inokuchi -27% 1.27 [0.61-2.64] death 121 (n) 15,738 (n) DEFINE Quinn (RCT) 0% 1.00 [0.23-4.40] death 3/21 3/21 Soma 80% 0.20 [0.01-4.11] death 0/31 2/33 RACONA Seccia (DB RCT) 67% 0.33 [0.02-7.02] death 0/7 1/7 ASCOT Morpeth (RCT) 55% 0.45 [0.14-1.42] ventilation 4/82 8/73 Kim (RCT) unknown, >4 years late 13 (total) Bae (RCT) unknown, >4 years late 84 (est. total) Kim (DB RCT) unknown, >2 years late 586 (est. total) SEN-CoV-Fadj Seydi (RCT) unknown, >2 years late 59 (total) Tau​2 = 0.00, I​2 = 0.0%, p = 0.46 Late treatment 18% 0.82 [0.48-1.38] 8/314 18/15,922 18% lower risk All studies 30% 0.70 [0.54-0.90] 8/333 18/15,932 30% lower risk 7 nafamostat COVID-19 studies (+4 unreported RCTs) c19early.org May 2025 Tau​2 = 0.00, I​2 = 0.0%, p = 0.0064 Effect extraction pre-specified(most serious outcome, see appendix) Favors nafamostat Favors control
0 0.25 0.5 0.75 1 1.25 1.5 1.75 2+ Okugawa (RCT) 33% viral- Improvement Relative Risk [CI] Tau​2 = 0.00, I​2 = 0.0%, p = 0.0069 Early treatment 33% 33% lower risk Zhuravel (RCT) 76% death Inokuchi -27% death DEFINE Quinn (RCT) 0% death Soma 80% death RACONA Seccia (DB RCT) 67% death ASCOT Morpeth (RCT) 55% ventilation Kim (RCT) n/a >4 years late Bae (RCT) n/a >4 years late Kim (DB RCT) n/a >2 years late SEN-CoV-Fadj Seydi (RCT) n/a >2 years late Tau​2 = 0.00, I​2 = 0.0%, p = 0.46 Late treatment 18% 18% lower risk All studies 30% 30% lower risk 7 nafamostat C19 studies c19early.org May 2025 Tau​2 = 0.00, I​2 = 0.0%, p = 0.0064 Effect extraction pre-specifiedRotate device for details Favors nafamostat Favors control
B
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Figure 1. A. Random effects meta-analysis. This plot shows pooled effects, see the specific outcome analyses for individual outcomes. Analysis validating pooled outcomes for COVID-19 can be found below. Effect extraction is pre-specified, using the most serious outcome reported. For details see the appendix. B. Timeline of results in nafamostat studies.
TMPRSS2 inhibitors
All
Bromhexine
Camostat
Nafamostat
SARS-CoV-2 infection primarily begins in the upper respiratory tract and may progress to the lower respiratory tract, other tissues, and the nervous and cardiovascular systems, which may lead to cytokine storm, pneumonia, ARDS, neurological injury1-13 and cognitive deficits4,9, cardiovascular complications14-18, organ failure, and death. Minimizing replication as early as possible is recommended.
SARS-CoV-2 infection and replication involves the complex interplay of 100+ host and viral proteins and other factorsA,19-26, providing many therapeutic targets for which many existing compounds have known activity. Scientists have predicted that over 9,000 compounds may reduce COVID-19 risk27, either by directly minimizing infection or replication, by supporting immune system function, or by minimizing secondary complications.
We analyze all significant controlled studies of nafamostat for COVID-19. Search methods, inclusion criteria, effect extraction criteria (more serious outcomes have priority), all individual study data, PRISMA answers, and statistical methods are detailed in Appendix 1. We present random effects meta-analysis results for all studies, studies within each treatment stage, individual outcomes, and Randomized Controlled Trials (RCTs).
Figure 2 shows stages of possible treatment for COVID-19. Prophylaxis refers to regularly taking medication before becoming sick, in order to prevent or minimize infection. Early Treatment refers to treatment immediately or soon after symptoms appear, while Late Treatment refers to more delayed treatment.
regular treatment to prevent or minimize infectionstreat immediately on symptoms or shortly thereafterlate stage after disease progressionexposed to virusEarly TreatmentProphylaxisTreatment delayLate Treatment
Figure 2. Treatment stages.
3 In Silico studies support the efficacy of nafamostat28-30.
3 In Vitro studies support the efficacy of nafamostat28,31,32.
Preclinical research is an important part of the development of treatments, however results may be very different in clinical trials. Preclinical results are not used in this paper.
Table 1 summarizes the results for all stages combined, for Randomized Controlled Trials, and for specific outcomes. Table 2 shows results by treatment stage. Figure 3 plots individual results by treatment stage. Figure 4, 5, 6, 7, 8, 9, and 10 show forest plots for random effects meta-analysis of all studies with pooled effects, mortality results, ventilation, hospitalization, progression, recovery, and viral clearance.
Table 1. Random effects meta-analysis for all stages combined, for Randomized Controlled Trials, and for specific outcomes. Results show the percentage improvement with treatment and the 95% confidence interval. ** p<0.01.
Improvement Studies Patients Authors
All studies30% [10‑46%]
**
7 16,265 177
Randomized Controlled TrialsRCTs35% [15‑51%]
**
5 342 157
Mortality4% [-73‑47%]5 16,081 91
Recovery29% [-12‑55%]3 271 86
RCT mortality42% [-80‑81%]3 158 71
Table 2. Random effects meta-analysis results by treatment stage. Results show the percentage improvement with treatment, the 95% confidence interval, and the number of studies for the stage.treatment and the 95% confidence interval. ** p<0.01.
Early treatment Late treatment
All studies33% [11‑50%]
**
18% [-38‑52%]
Randomized Controlled TrialsRCTs33% [11‑50%]
**
49% [-14‑77%]
Mortality4% [-73‑47%]
Recovery29% [-12‑55%]
RCT mortality42% [-80‑81%]
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Figure 3. Scatter plot showing the most serious outcome in all studies, and for studies within each stage. Diamonds shows the results of random effects meta-analysis.
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Figure 4. Random effects meta-analysis for all studies. This plot shows pooled effects, see the specific outcome analyses for individual outcomes. Analysis validating pooled outcomes for COVID-19 can be found below. Effect extraction is pre-specified, using the most serious outcome reported. For details see the appendix.
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Figure 5. Random effects meta-analysis for mortality results.
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Figure 6. Random effects meta-analysis for ventilation.
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Figure 7. Random effects meta-analysis for hospitalization.
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Figure 8. Random effects meta-analysis for progression.
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Figure 9. Random effects meta-analysis for recovery.
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Figure 10. Random effects meta-analysis for viral clearance.
Figure 11 shows a comparison of results for RCTs and non-RCT studies. Random effects meta analysis of RCTs shows 35% improvement, compared to 7% for other studies. Figure 12 and 13 show forest plots for random effects meta-analysis of all Randomized Controlled Trials and RCT mortality results. RCT results are included in Table 1 and Table 2.
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Figure 11. Results for RCTs and non-RCT studies.
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Figure 12. Random effects meta-analysis for all Randomized Controlled Trials. This plot shows pooled effects, see the specific outcome analyses for individual outcomes. Analysis validating pooled outcomes for COVID-19 can be found below. Effect extraction is pre-specified, using the most serious outcome reported. For details see the appendix.
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Figure 13. Random effects meta-analysis for RCT mortality results.
RCTs help to make study groups more similar and can provide a higher level of evidence, however they are subject to many biases33, and analysis of double-blind RCTs has identified extreme levels of bias34. For COVID-19, the overhead may delay treatment, dramatically compromising efficacy; they may encourage monotherapy for simplicity at the cost of efficacy which may rely on combined or synergistic effects; the participants that sign up may not reflect real world usage or the population that benefits most in terms of age, comorbidities, severity of illness, or other factors; standard of care may be compromised and unable to evolve quickly based on emerging research for new diseases; errors may be made in randomization and medication delivery; and investigators may have hidden agendas or vested interests influencing design, operation, analysis, reporting, and the potential for fraud. All of these biases have been observed with COVID-19 RCTs. There is no guarantee that a specific RCT provides a higher level of evidence.
RCTs are expensive and many RCTs are funded by pharmaceutical companies or interests closely aligned with pharmaceutical companies. For COVID-19, this creates an incentive to show efficacy for patented commercial products, and an incentive to show a lack of efficacy for inexpensive treatments. The bias is expected to be significant, for example Als-Nielsen et al. analyzed 370 RCTs from Cochrane reviews, showing that trials funded by for-profit organizations were 5 times more likely to recommend the experimental drug compared with those funded by nonprofit organizations. For COVID-19, some major philanthropic organizations are largely funded by investments with extreme conflicts of interest for and against specific COVID-19 interventions.
High quality RCTs for novel acute diseases are more challenging, with increased ethical issues due to the urgency of treatment, increased risk due to enrollment delays, and more difficult design with a rapidly evolving evidence base. For COVID-19, the most common site of initial infection is the upper respiratory tract. Immediate treatment is likely to be most successful and may prevent or slow progression to other parts of the body. For a non-prophylaxis RCT, it makes sense to provide treatment in advance and instruct patients to use it immediately on symptoms, just as some governments have done by providing medication kits in advance. Unfortunately, no RCTs have been done in this way. Every treatment RCT to date involves delayed treatment. Among the 141 treatments we have analyzed, 66% of RCTs involve very late treatment 5+ days after onset. No non-prophylaxis COVID-19 RCTs match the potential real-world use of early treatments. They may more accurately represent results for treatments that require visiting a medical facility, e.g., those requiring intravenous administration.
For COVID-19, observational study results do not systematically differ from RCTs, RR 1.00 [0.93‑1.08] across 141 treatments36.
Evidence shows that observational studies can also provide reliable results. Concato et al. found that well-designed observational studies do not systematically overestimate the magnitude of the effects of treatment compared to RCTs. Anglemyer et al. analyzed reviews comparing RCTs to observational studies and found little evidence for significant differences in effect estimates. We performed a similar analysis across the 141 treatments we cover, showing no significant difference in the results of RCTs compared to observational studies, RR 1.00 [0.93‑1.08]. Similar results are found for all low-cost treatments, RR 1.02 [0.93‑1.12]. High-cost treatments show a non-significant trend towards RCTs showing greater efficacy, RR 0.93 [0.83‑1.04]. Details can be found in the supplementary data. Lee et al. showed that only 14% of the guidelines of the Infectious Diseases Society of America were based on RCTs. Evaluation of studies relies on an understanding of the study and potential biases. Limitations in an RCT can outweigh the benefits, for example excessive dosages, excessive treatment delays, or remote survey bias may have a greater effect on results. Ethical issues may also prevent running RCTs for known effective treatments. For more on issues with RCTs see40,41.
Currently, 52 of the treatments we analyze show statistically significant efficacy or harm, defined as ≥10% decreased risk or >0% increased risk from ≥3 studies. Of these, 60% have been confirmed in RCTs, with a mean delay of 7.7 months (66% with 8.8 months delay for low-cost treatments). The remaining treatments either have no RCTs, or the point estimate is consistent.
We need to evaluate each trial on its own merits. RCTs for a given medication and disease may be more reliable, however they may also be less reliable. For off-patent medications, very high conflict of interest trials may be more likely to be RCTs, and more likely to be large trials that dominate meta analyses.
4 nafamostat RCTs have not reported results42-45. The trials report a total of 742 patients, with 2 trials having actual enrollment of 72, and the remainder estimated. The results are delayed from 2 years to over 4 years.
Heterogeneity in COVID-19 studies arises from many factors including:
The time between infection or the onset of symptoms and treatment may critically affect how well a treatment works. For example an antiviral may be very effective when used early but may not be effective in late stage disease, and may even be harmful. Oseltamivir, for example, is generally only considered effective for influenza when used within 0-36 or 0-48 hours46,47. Baloxavir marboxil studies for influenza also show that treatment delay is critical — Ikematsu et al. report an 86% reduction in cases for post-exposure prophylaxis, Hayden et al. show a 33 hour reduction in the time to alleviation of symptoms for treatment within 24 hours and a reduction of 13 hours for treatment within 24-48 hours, and Kumar et al. report only 2.5 hours improvement for inpatient treatment.
Table 3. Studies of baloxavir marboxil for influenza show that early treatment is more effective.
Treatment delayResult
Post-exposure prophylaxis86% fewer cases48
<24 hours-33 hours symptoms49
24-48 hours-13 hours symptoms49
Inpatients-2.5 hours to improvement50
Figure 14 shows a mixed-effects meta-regression for efficacy as a function of treatment delay in COVID-19 studies from 141 treatments, showing that efficacy declines rapidly with treatment delay. Early treatment is critical for COVID-19.
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Figure 14. Early treatment is more effective. Meta-regression showing efficacy as a function of treatment delay in COVID-19 studies from 141 treatments.
Details of the patient population including age and comorbidities may critically affect how well a treatment works. For example, many COVID-19 studies with relatively young low-comorbidity patients show all patients recovering quickly with or without treatment. In such cases, there is little room for an effective treatment to improve results, for example as in López-Medina et al.
Efficacy may depend critically on the distribution of SARS-CoV-2 variants encountered by patients. Risk varies significantly across variants52, for example the Gamma variant shows significantly different characteristics53-56. Different mechanisms of action may be more or less effective depending on variants, for example the degree to which TMPRSS2 contributes to viral entry can differ across variants57,58.
Effectiveness may depend strongly on the dosage and treatment regimen.
The quality of medications may vary significantly between manufacturers and production batches, which may significantly affect efficacy and safety. Williams et al. analyze ivermectin from 11 different sources, showing highly variable antiparasitic efficacy across different manufacturers. Xu et al. analyze a treatment from two different manufacturers, showing 9 different impurities, with significantly different concentrations for each manufacturer.
The use of other treatments may significantly affect outcomes, including supplements, other medications, or other interventions such as prone positioning. Treatments may be synergistic31,32,61-75, therefore efficacy may depend strongly on combined treatments.
Across all studies there is a strong association between different outcomes, for example improved recovery is strongly associated with lower mortality. However, efficacy may differ depending on the effect measured, for example a treatment may be more effective against secondary complications and have minimal effect on viral clearance.
The distribution of studies will alter the outcome of a meta analysis. Consider a simplified example where everything is equal except for the treatment delay, and effectiveness decreases to zero or below with increasing delay. If there are many studies using very late treatment, the outcome may be negative, even though early treatment is very effective. All meta analyses combine heterogeneous studies, varying in population, variants, and potentially all factors above, and therefore may obscure efficacy by including studies where treatment is less effective. Generally, we expect the estimated effect size from meta analysis to be less than that for the optimal case. Looking at all studies is valuable for providing an overview of all research, important to avoid cherry-picking, and informative when a positive result is found despite combining less-optimal situations. However, the resulting estimate does not apply to specific cases such as early treatment in high-risk populations. While we present results for all studies, we also present treatment time and individual outcome analyses, which may be more informative for specific use cases.
For COVID-19, delay in clinical results translates into additional death and morbidity, as well as additional economic and societal damage. Combining the results of studies reporting different outcomes is required. There may be no mortality in a trial with low-risk patients, however a reduction in severity or improved viral clearance may translate into lower mortality in a high-risk population. Different studies may report lower severity, improved recovery, and lower mortality, and the significance may be very high when combining the results. "The studies reported different outcomes" is not a good reason for disregarding results. Pooling the results of studies reporting different outcomes allows us to use more of the available information. Logically we should, and do, use additional information when evaluating treatments—for example dose-response and treatment delay-response relationships provide additional evidence of efficacy that is considered when reviewing the evidence for a treatment.
We present both specific outcome and pooled analyses. In order to combine the results of studies reporting different outcomes we use the most serious outcome reported in each study, based on the thesis that improvement in the most serious outcome provides comparable measures of efficacy for a treatment. A critical advantage of this approach is simplicity and transparency. There are many other ways to combine evidence for different outcomes, along with additional evidence such as dose-response relationships, however these increase complexity.
Trials with high-risk patients may be restricted due to ethics for treatments that are known or expected to be effective, and they increase difficulty for recruiting. Using less severe outcomes as a proxy for more serious outcomes allows faster and safer collection of evidence.
For many COVID-19 treatments, a reduction in mortality logically follows from a reduction in hospitalization, which follows from a reduction in symptomatic cases, which follows from a reduction in PCR positivity. We can directly test this for COVID-19.
Analysis of the the association between different outcomes across studies from all 141 treatments we cover confirms the validity of pooled outcome analysis for COVID-19. Figure 15 shows that lower hospitalization is very strongly associated with lower mortality (p < 0.000000000001). Similarly, Figure 16 shows that improved recovery is very strongly associated with lower mortality (p < 0.000000000001). Considering the extremes, Singh et al. show an association between viral clearance and hospitalization or death, with p = 0.003 after excluding one large outlier from a mutagenic treatment, and based on 44 RCTs including 52,384 patients. Figure 17 shows that improved viral clearance is strongly associated with fewer serious outcomes. The association is very similar to Singh et al., with higher confidence due to the larger number of studies. As with Singh et al., the confidence increases when excluding the outlier treatment, from p = 0.00000011 to p = 0.0000000048.
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Figure 15. Lower hospitalization is associated with lower mortality, supporting pooled outcome analysis.
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Figure 16. Improved recovery is associated with lower mortality, supporting pooled outcome analysis.
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Figure 15. Improved viral clearance is associated with fewer serious outcomes, supporting pooled outcome analysis.
Currently, 52 of the treatments we analyze show statistically significant efficacy or harm, defined as ≥10% decreased risk or >0% increased risk from ≥3 studies. 88% of these have been confirmed with one or more specific outcomes, with a mean delay of 4.6 months. When restricting to RCTs only, 55% of treatments showing statistically significant efficacy/harm with pooled effects have been confirmed with one or more specific outcomes, with a mean delay of 7.3 months. Figure 18 shows when treatments were found effective during the pandemic. Pooled outcomes often resulted in earlier detection of efficacy.
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Figure 18. The time when studies showed that treatments were effective, defined as statistically significant improvement of ≥10% from ≥3 studies. Pooled results typically show efficacy earlier than specific outcome results. Results from all studies often shows efficacy much earlier than when restricting to RCTs. Results reflect conditions as used in trials to date, these depend on the population treated, treatment delay, and treatment regimen.
Pooled analysis could hide efficacy, for example a treatment that is beneficial for late stage patients but has no effect on viral clearance may show no efficacy if most studies only examine viral clearance. In practice, it is rare for a non-antiviral treatment to report viral clearance and to not report clinical outcomes; and in practice other sources of heterogeneity such as difference in treatment delay is more likely to hide efficacy.
Analysis validates the use of pooled effects and shows significantly faster detection of efficacy on average. However, as with all meta analyses, it is important to review the different studies included. We also present individual outcome analyses, which may be more informative for specific use cases.
Publishing is often biased towards positive results, however evidence suggests that there may be a negative bias for inexpensive treatments for COVID-19. Both negative and positive results are very important for COVID-19, media in many countries prioritizes negative results for inexpensive treatments (inverting the typical incentive for scientists that value media recognition), and there are many reports of difficulty publishing positive results77-80. For nafamostat, there is currently not enough data to evaluate publication bias with high confidence.
One method to evaluate bias is to compare prospective vs. retrospective studies. Prospective studies are more likely to be published regardless of the result, while retrospective studies are more likely to exhibit bias. For example, researchers may perform preliminary analysis with minimal effort and the results may influence their decision to continue. Retrospective studies also provide more opportunities for the specifics of data extraction and adjustments to influence results.
Figure 19 shows a scatter plot of results for prospective and retrospective studies. The median effect size for retrospective studies is 26% improvement, compared to 55% for prospective studies, suggesting a potential bias towards publishing results showing lower efficacy.
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Figure 19. Prospective vs. retrospective studies. The diamonds show the results of random effects meta-analysis.
Funnel plots have traditionally been used for analyzing publication bias. This is invalid for COVID-19 acute treatment trials — the underlying assumptions are invalid, which we can demonstrate with a simple example. Consider a set of hypothetical perfect trials with no bias. Figure 20 plot A shows a funnel plot for a simulation of 80 perfect trials, with random group sizes, and each patient's outcome randomly sampled (10% control event probability, and a 30% effect size for treatment). Analysis shows no asymmetry (p > 0.05). In plot B, we add a single typical variation in COVID-19 treatment trials — treatment delay. Consider that efficacy varies from 90% for treatment within 24 hours, reducing to 10% when treatment is delayed 3 days. In plot B, each trial's treatment delay is randomly selected. Analysis now shows highly significant asymmetry, p < 0.0001, with six variants of Egger's test all showing p < 0.0581-88. Note that these tests fail even though treatment delay is uniformly distributed. In reality treatment delay is more complex — each trial has a different distribution of delays across patients, and the distribution across trials may be biased (e.g., late treatment trials may be more common). Similarly, many other variations in trials may produce asymmetry, including dose, administration, duration of treatment, differences in SOC, comorbidities, age, variants, and bias in design, implementation, analysis, and reporting.
Log Risk Ratio Standard Error 1.406 1.055 0.703 0.352 0 -3 -2 -1 0 1 2 A: Simulated perfect trials p > 0.05 Log Risk Ratio Standard Error 1.433 1.074 0.716 0.358 0 -4 -3 -2 -1 0 1 2 B: Simulated perfect trials with varying treatment delay p < 0.0001
Figure 20. Example funnel plot analysis for simulated perfect trials.
Pharmaceutical drug trials often have conflicts of interest whereby sponsors or trial staff have a financial interest in the outcome being positive. Nafamostat for COVID-19 lacks this because it is off-patent, has multiple manufacturers, and is very low cost. In contrast, most COVID-19 nafamostat trials have been run by physicians on the front lines with the primary goal of finding the best methods to save human lives and minimize the collateral damage caused by COVID-19. While pharmaceutical companies are careful to run trials under optimal conditions (for example, restricting patients to those most likely to benefit, only including patients that can be treated soon after onset when necessary, and ensuring accurate dosing), not all nafamostat trials represent the optimal conditions for efficacy.
Summary statistics from meta analysis necessarily lose information. As with all meta analyses, studies are heterogeneous, with differences in treatment delay, treatment regimen, patient demographics, variants, conflicts of interest, standard of care, and other factors. We provide analyses for specific outcomes and by treatment delay, and we aim to identify key characteristics in the forest plots and summaries. Results should be viewed in the context of study characteristics.
Some analyses classify treatment based on early or late administration, as done here, while others distinguish between mild, moderate, and severe cases. Viral load does not indicate degree of symptoms — for example patients may have a high viral load while being asymptomatic. With regard to treatments that have antiviral properties, timing of treatment is critical — late administration may be less helpful regardless of severity.
Details of treatment delay per patient is often not available. For example, a study may treat 90% of patients relatively early, but the events driving the outcome may come from 10% of patients treated very late. Our 5 day cutoff for early treatment may be too conservative, 5 days may be too late in many cases.
Comparison across treatments is confounded by differences in the studies performed, for example dose, variants, and conflicts of interest. Trials with conflicts of interest may use designs better suited to the preferred outcome.
In some cases, the most serious outcome has very few events, resulting in lower confidence results being used in pooled analysis, however the method is simpler and more transparent. This is less critical as the number of studies increases. Restriction to outcomes with sufficient power may be beneficial in pooled analysis and improve accuracy when there are few studies, however we maintain our pre-specified method to avoid any retrospective changes.
Studies show that combinations of treatments can be highly synergistic and may result in many times greater efficacy than individual treatments alone31,32,61-75. Therefore standard of care may be critical and benefits may diminish or disappear if standard of care does not include certain treatments.
This real-time analysis is constantly updated based on submissions. Accuracy benefits from widespread review and submission of updates and corrections from reviewers. Less popular treatments may receive fewer reviews.
No treatment or intervention is 100% available and effective for all current and future variants. Efficacy may vary significantly with different variants and within different populations. All treatments have potential side effects. Propensity to experience side effects may be predicted in advance by qualified physicians. We do not provide medical advice. Before taking any medication, consult a qualified physician who can compare all options, provide personalized advice, and provide details of risks and benefits based on individual medical history and situations.
Additional preclinical or review papers suggesting potential benefits of nafamostat for COVID-19 include96-134. We have not reviewed these studies in detail.
SARS-CoV-2 infection and replication involves a complex interplay of 100+ host and viral proteins and other factors19-26, providing many therapeutic targets. Over 9,000 compounds have been predicted to reduce COVID-19 risk27, either by directly minimizing infection or replication, by supporting immune system function, or by minimizing secondary complications. Figure 21 shows an overview of the results for nafamostat in the context of multiple COVID-19 treatments, and Figure 22 shows a plot of efficacy vs. cost for COVID-19 treatments.
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Figure 21. Scatter plot showing results within the context of multiple COVID-19 treatments. Diamonds shows the results of random effects meta-analysis. 0.6% of 9,000+ proposed treatments show efficacy135.
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Figure 22. Efficacy vs. cost for COVID-19 treatments.
Studies to date show that nafamostat is an effective treatment for COVID-19. Significantly lower risk is seen for viral clearance. One study shows significant benefit. Meta analysis using the most serious outcome reported shows 30% [10‑46%] lower risk. Results are similar for Randomized Controlled Trials. Results are consistent with early treatment being more effective than late treatment.
Currently there is limited data, with only 18 control events for the most serious outcome in trials to date.
Estimated 84 patient nafamostat late treatment RCT with results not reported over 4 years after estimated completion. Submit Corrections or Updates.
Mortality -27% Improvement Relative Risk Nafamostat  Inokuchi et al.  LATE TREATMENT Is late treatment with nafamostat beneficial for COVID-19? Retrospective 15,859 patients in Japan (January - December 2020) Higher mortality with nafamostat (not stat. sig., p=0.52) c19early.org Inokuchi et al., J. Clinical Medicine, Dec 2021 Favorsnafamostat Favorscontrol 0 0.5 1 1.5 2+
Retrospective multicenter observational study of 15,859 hospitalized COVID-19 patients in Japan showing no significant difference in in-hospital mortality with nafamostat mesylate. Very few patients received treatment and they had more severe disease on average. There may be significant residual confounding by indication. Submit Corrections or Updates.
Estimated 586 patient nafamostat late treatment RCT with results not reported over 2 years after estimated completion. Submit Corrections or Updates.
13 patient nafamostat late treatment RCT with results not reported over 4 years after completion. Submit Corrections or Updates.
Ventilation 55% Improvement Relative Risk Progression, death, ventila.. 57% Recovery, WHO scale 28% Nafamostat  ASCOT  LATE TREATMENT  RCT Is late treatment with nafamostat beneficial for COVID-19? RCT 155 patients in multiple countries (May 2021 - August 2022) Lower ventilation (p=0.23) and progression (p=0.14), not sig. c19early.org Morpeth et al., NEJM Evidence, October 2023 Favorsnafamostat Favorscontrol 0 0.5 1 1.5 2+
RCT 160 hospitalized non-critically ill COVID-19 patients showing a 93% posterior probability that nafamostat reduced the odds of death or receipt of ventilatory or vasopressor support by day 28 compared to usual care. Nafamostat, a TMPRSS2 inhibitor with potent in vitro antiviral activity against SARS-CoV-2, was administered as a continuous intravenous infusion for up to 7 days. The trial was conducted across 21 hospitals in Australia, New Zealand, and Nepal. Despite promising results, the trial was stopped early due to slowing recruitment, low event rates, and funding constraints, limiting definitive conclusions. Authors note that the posterior probability of effectiveness was higher among those with earlier disease onset, but lower during the Omicron era when variants were less dependent on the TMPRSS2 pathway. Submit Corrections or Updates.
Viral load, day 6 33% Improvement Relative Risk Viral load, day 3 60% Nafamostat  Okugawa et al.  EARLY TREATMENT  RCT Is early treatment with nafamostat beneficial for COVID-19? RCT 29 patients in Japan (July 2021 - July 2022) Improved viral clearance with nafamostat (p=0.0069) c19early.org Okugawa et al., Int. J. Antimicrobial .., Sep 2023 Favorsnafamostat Favorscontrol 0 0.5 1 1.5 2+
RCT 30 early-onset COVID-19 patients showing significantly improved viral load reduction with nafamostat. Submit Corrections or Updates.
Mortality 0% Improvement Relative Risk Hospitalization time -48% Nafamostat  DEFINE  LATE TREATMENT  RCT Is late treatment with nafamostat beneficial for COVID-19? RCT 42 patients in the United Kingdom (September 2020 - February 2021) Longer hospitalization with nafamostat (not stat. sig., p=0.21) c19early.org Quinn et al., eBioMedicine, February 2022 Favorsnafamostat Favorscontrol 0 0.5 1 1.5 2+
RCT 42 hospitalized patients with COVID-19 pneumonitis showing no benefit with intravenous nafamostat mesylate. Submit Corrections or Updates.
Mortality 67% Improvement Relative Risk Recovery, no WHO 2+ im.. 20% Nafamostat  RACONA  LATE TREATMENT  DB RCT Is late treatment with nafamostat beneficial for COVID-19? Double-blind RCT 14 patients in Italy (June 2021 - August 2022) Trial underpowered to detect differences c19early.org Seccia et al., J. Clinical Medicine, Oct 2023 Favorsnafamostat Favorscontrol 0 0.5 1 1.5 2+
RCT 15 hospitalized COVID-19 patients showing a positive safety profile with nafamostat mesylate treatment. While the study was underpowered to detect differences in efficacy, Bayesian analysis suggested a signal for potential benefit (69-88% probability that nafamostat is effective depending on prior assumptions). Authors note that nafamostat, as a potent TMPRSS2 inhibitor with anticoagulant properties, could theoretically prevent virus entry into cells and complications like disseminated intravascular coagulation in COVID-19 patients. The study was significantly limited by small sample size due to recruitment challenges. Submit Corrections or Updates.
59 patient nafamostat late treatment RCT with results not reported over 2 years after completion. Submit Corrections or Updates.
Mortality 80% Improvement Relative Risk Severe case -6% Nafamostat for COVID-19  Soma et al.  LATE TREATMENT Is late treatment with nafamostat beneficial for COVID-19? Retrospective 64 patients in Japan (March 2020 - January 2021) Lower mortality with nafamostat (not stat. sig., p=0.49) c19early.org Soma et al., Japanese J. Infectious Di.., Sep 2022 Favorsnafamostat Favorscontrol 0 0.5 1 1.5 2+
Retrospective 64 hospitalized patients with moderate COVID-19 showing no significant difference in clinical outcomes with nafamostat mesylate. Submit Corrections or Updates.
Mortality 76% Improvement Relative Risk Improvement 42% Recovery 42% Recovery, NEWS 41% Nafamostat  Zhuravel et al.  LATE TREATMENT  RCT Is late treatment with nafamostat beneficial for COVID-19? RCT 102 patients in Russia (September - November 2020) Lower mortality (p=0.2) and greater improvement (p=0.28), not sig. c19early.org Zhuravel et al., eClinicalMedicine, Nov 2021 Favorsnafamostat Favorscontrol 0 0.5 1 1.5 2+
RCT 104 hospitalized patients with moderate to severe COVID-19 pneumonia showing no significant difference in the primary endpoint of time to clinical improvement with nafamostat. However, in patients with baseline National Early Warning Score (NEWS) ≥7, nafamostat treatment significantly shortened time to clinical improvement and recovery. Patients in the nafamostat group with NEWS ≥7 also had higher recovery rates and significantly reduced NEWS scores by day 11. Submit Corrections or Updates.
We perform ongoing searches of PubMed, medRxiv, Europe PMC, ClinicalTrials.gov, The Cochrane Library, Google Scholar, Research Square, ScienceDirect, Oxford University Press, the reference lists of other studies and meta-analyses, and submissions to the site c19early.org. Search terms are nafamostat and COVID-19 or SARS-CoV-2. Automated searches are performed twice daily, with all matches reviewed for inclusion. All studies regarding the use of nafamostat for COVID-19 that report a comparison with a control group are included in the main analysis. This is a living analysis and is updated regularly.
We extracted effect sizes and associated data from all studies. If studies report multiple kinds of effects then the most serious outcome is used in pooled analysis, while other outcomes are included in the outcome specific analyses. For example, if effects for mortality and cases are both reported, the effect for mortality is used, this may be different to the effect that a study focused on. If symptomatic results are reported at multiple times, we used the latest time, for example if mortality results are provided at 14 days and 28 days, the results at 28 days have preference. Mortality alone is preferred over combined outcomes. Outcomes with zero events in both arms are not used, the next most serious outcome with one or more events is used. For example, in low-risk populations with no mortality, a reduction in mortality with treatment is not possible, however a reduction in hospitalization, for example, is still valuable. Clinical outcomes are considered more important than viral test status. When basically all patients recover in both treatment and control groups, preference for viral clearance and recovery is given to results mid-recovery where available. After most or all patients have recovered there is little or no room for an effective treatment to do better, however faster recovery is valuable. If only individual symptom data is available, the most serious symptom has priority, for example difficulty breathing or low SpO2 is more important than cough. When results provide an odds ratio, we compute the relative risk when possible, or convert to a relative risk according to136. Reported confidence intervals and p-values were used when available, using adjusted values when provided. If multiple types of adjustments are reported propensity score matching and multivariable regression has preference over propensity score matching or weighting, which has preference over multivariable regression. Adjusted results have preference over unadjusted results for a more serious outcome when the adjustments significantly alter results. When needed, conversion between reported p-values and confidence intervals followed Altman, Altman (B), and Fisher's exact test was used to calculate p-values for event data. If continuity correction for zero values is required, we use the reciprocal of the opposite arm with the sum of the correction factors equal to 1139. Results are expressed with RR < 1.0 favoring treatment, and using the risk of a negative outcome when applicable (for example, the risk of death rather than the risk of survival). If studies only report relative continuous values such as relative times, the ratio of the time for the treatment group versus the time for the control group is used. Calculations are done in Python (3.13.3) with scipy (1.15.3), pythonmeta (1.26), numpy (2.2.5), statsmodels (0.14.4), and plotly (6.0.1).
Forest plots are computed using PythonMeta140 with the DerSimonian and Laird random effects model (the fixed effect assumption is not plausible in this case) and inverse variance weighting. Results are presented with 95% confidence intervals. Heterogeneity among studies was assessed using the I2 statistic. Mixed-effects meta-regression results are computed with R (4.4.0) using the metafor (4.6-0) and rms (6.8-0) packages, and using the most serious sufficiently powered outcome. For all statistical tests, a p-value less than 0.05 was considered statistically significant. Grobid 0.8.2 is used to parse PDF documents.
We have classified studies as early treatment if most patients are not already at a severe stage at the time of treatment (for example based on oxygen status or lung involvement), and treatment started within 5 days of the onset of symptoms. If studies contain a mix of early treatment and late treatment patients, we consider the treatment time of patients contributing most to the events (for example, consider a study where most patients are treated early but late treatment patients are included, and all mortality events were observed with late treatment patients). We note that a shorter time may be preferable. Antivirals are typically only considered effective when used within a shorter timeframe, for example 0-36 or 0-48 hours for oseltamivir, with longer delays not being effective46,47.
We received no funding, this research is done in our spare time. We have no affiliations with any pharmaceutical companies or political parties.
A summary of study results is below. Please submit updates and corrections at the bottom of this page.
A summary of study results is below. Please submit updates and corrections at https://c19early.org/nfmeta.html.
Effect extraction follows pre-specified rules as detailed above and gives priority to more serious outcomes. For pooled analyses, the first (most serious) outcome is used, which may differ from the effect a paper focuses on. Other outcomes are used in outcome specific analyses.
Okugawa, 9/30/2023, Randomized Controlled Trial, Japan, peer-reviewed, mean age 39.3, 22 authors, study period July 2021 - July 2022. viral load, 33.3% lower, relative load 0.67, p = 0.007, treatment mean 3.0 (±0.91) n=19, control mean 2.0 (±0.8) n=10, relative reduction in viral load, day 6.
viral load, 60.0% lower, relative load 0.40, p = 0.01, treatment mean 1.5 (±0.91) n=19, control mean 0.6 (±0.79) n=10, relative reduction in viral load, mid-recovery, day 3.
Effect extraction follows pre-specified rules as detailed above and gives priority to more serious outcomes. For pooled analyses, the first (most serious) outcome is used, which may differ from the effect a paper focuses on. Other outcomes are used in outcome specific analyses.
Bae, 4/30/2021, Randomized Controlled Trial, South Korea, trial NCT04418128 (history). Estimated 84 patient RCT with results unknown and over 4 years late.
Inokuchi, 12/26/2021, retrospective, Japan, peer-reviewed, 11 authors, study period 1 January, 2020 - 31 December, 2020. risk of death, 27.0% higher, OR 1.27, p = 0.52, treatment 121, control 15,738, RR approximated with OR.
Kim, 8/1/2022, Double Blind Randomized Controlled Trial, placebo-controlled, South Korea, trial NCT04871646 (history). Estimated 586 patient RCT with results unknown and over 2 years late.
Kim (B), 4/5/2021, Randomized Controlled Trial, South Korea, trial NCT04628143 (history). 13 patient RCT with results unknown and over 4 years late.
Morpeth, 10/24/2023, Randomized Controlled Trial, multiple countries, peer-reviewed, 64 authors, study period 17 May, 2021 - 12 August, 2022, death$c$ ventilation$c$ or vasopressor support,ADJ, trial NCT04483960 (history) (ASCOT). risk of mechanical ventilation, 55.5% lower, RR 0.45, p = 0.23, treatment 4 of 82 (4.9%), control 8 of 73 (11.0%), NNT 16, day 28.
risk of progression, 57.2% lower, RR 0.43, p = 0.14, treatment 4 of 82 (4.9%), control 8 of 73 (11.0%), NNT 16, odds ratio converted to relative risk, day 28.
risk of no recovery, 28.0% lower, OR 0.72, p = 0.36, treatment 82, control 73, WHO scale, day 28, RR approximated with OR.
Quinn, 2/28/2022, Randomized Controlled Trial, United Kingdom, peer-reviewed, mean age 63.6, 49 authors, study period September 2020 - February 2021, average treatment delay 8.5 days, trial NCT04473053 (history) (DEFINE). risk of death, no change, RR 1.00, p = 1.00, treatment 3 of 21 (14.3%), control 3 of 21 (14.3%).
hospitalization time, 47.5% higher, relative time 1.48, p = 0.21, treatment mean 9.0 (±8.4) n=21, control mean 6.1 (±6.0) n=21.
Seccia, 10/19/2023, Double Blind Randomized Controlled Trial, placebo-controlled, Italy, peer-reviewed, 15 authors, study period June 2021 - August 2022, trial NCT04352400 (history) (RACONA). risk of death, 66.7% lower, RR 0.33, p = 1.00, treatment 0 of 7 (0.0%), control 1 of 7 (14.3%), NNT 7.0, relative risk is not 0 because of continuity correction due to zero events (with reciprocal of the contrasting arm).
risk of no recovery, 20.0% lower, RR 0.80, p = 1.00, treatment 4 of 7 (57.1%), control 5 of 7 (71.4%), NNT 7.0, no improvement in WHO score of 2+ points.
Seydi, 2/8/2023, Randomized Controlled Trial, Senegal, trial NCT04390594 (history) (SEN-CoV-Fadj). 59 patient RCT with results unknown and over 2 years late.
Soma, 9/30/2022, retrospective, Japan, peer-reviewed, 9 authors, study period 29 March, 2020 - 21 January, 2021. risk of death, 79.5% lower, RR 0.20, p = 0.49, treatment 0 of 31 (0.0%), control 2 of 33 (6.1%), NNT 16, relative risk is not 0 because of continuity correction due to zero events (with reciprocal of the contrasting arm).
risk of severe case, 6.5% higher, RR 1.06, p = 1.00, treatment 10 of 31 (32.3%), control 10 of 33 (30.3%).
Zhuravel, 11/30/2021, Randomized Controlled Trial, placebo-controlled, Russia, peer-reviewed, mean age 58.6, 7 authors, study period 25 September, 2020 - 14 November, 2020, trial NCT04623021 (history). risk of death, 76.0% lower, RR 0.24, p = 0.20, treatment 1 of 52 (1.9%), control 4 of 50 (8.0%), NNT 16.
risk of no improvement, 42.3% lower, RR 0.58, p = 0.28, treatment 6 of 52 (11.5%), control 10 of 50 (20.0%), NNT 12.
risk of no recovery, 42.3% lower, RR 0.58, p = 0.28, treatment 6 of 52 (11.5%), control 10 of 50 (20.0%), NNT 12.
risk of no recovery, 40.9% lower, RR 0.59, p = 0.09, treatment mean 1.3 (±2.3) n=52, control mean 2.2 (±3.0) n=50, relative NEWS score at day 11, day 11.
Viral infection and replication involves attachment, entry, uncoating and release, genome replication and transcription, translation and protein processing, assembly and budding, and release. Each step can be disrupted by therapeutics.
Please send us corrections, updates, or comments. c19early involves the extraction of 100,000+ datapoints from thousands of papers. Community updates help ensure high accuracy. Treatments and other interventions are complementary. All practical, effective, and safe means should be used based on risk/benefit analysis. No treatment or intervention is 100% available and effective for all current and future variants. We do not provide medical advice. Before taking any medication, consult a qualified physician who can provide personalized advice and details of risks and benefits based on your medical history and situation. IMA and WCH provide treatment protocols.
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