.Ivermectin Use for COVID-00 Evidence Review - COVID-00 Clinical Advisory Group Update Updated July 00, 0000 Ivermectin (IVM) is an antiparasitic drug that is approved by the Food and Drug Administration (FDA) for the treatment of onchocerciasis and strongyloidiasis.Some Indian state governments have plans to dose their populations with the anti-parasitic drug ivermectin to protect against severe COVID-00 infections as their hospitals are overrun with.Ivermectin is not authorized or approved by FDA for prevention or treatment of COVID-00.