I don't know much about Ivermectin but I've listened to several doctors and an ICU nurse who have said it's effective. If I recall right, Tess Lawrie of the Evidence Based Medical Consultancy in Bath who does analyses for organisations such as the WHO, did a meta analysis finding strong efficacy.
Ivermectin is mentioned in the open letter written by UK health care professionals below:
https://www.covid19assembly.org/doctors-open-letter/
No, I don't see Ivermectin as competition. The FDA recommends against it. According to the above letter, doctors in the UK who have attempted to discuss Ivermectin have been heavily censored.
Merck has a new Covid antiviral it's trying to get approval for.
Growing Confidence on COVID-19 Application, page-150
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