Ivermectin had every institutional accolade that a drug could have but because authorities wanted to take power away from doctors (took away their agency) to offer off-label use they had to "nerf" it to the point of horse paste. Do a Google search for Ivermectin for before:2020 and after:2019 and you will see the narrative change.

Ivermectin has legitimate uses for humans and other animals for various invertebrate parasites (mites, lice, and worms); it is in fact prescribed to humans for those parasites. There is only in vitro evidence for it being effective against the virus causing COVID-19; if there is in vivo evidence for it being effective against that or any other viral invection, I'd love to see it.

The bigger point is that they took away the agency of some doctors. The vaccine and ivermectin both didn't have enough time for testing for safety and efficacy.

“It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.” Thomas Sowell