Submit your comments on this article |
Economy |
New Drug Combating Wuhan Coronavirus Yield Excellent Results...And the Dow Surged Because of It |
2020-04-18 |
![]() Remdesivir was one of the first medicines identified as having the potential to impact SARS-CoV-2, the novel coronavirus that causes Covid-19, in lab tests. The entire world has been waiting for results from Gilead’s clinical trials, and positive results would likely lead to fast approvals by the Food and Drug Administration and other regulatory agencies. If safe and effective, it could become the first approved treatment against the disease.Another treatment being used in some places is the antimalarial drug hydroxychloroquine, which 6,000 doctors from over 30 countries ranked as the most effective against the virus. Sixty-five percent of US doctors said they would prescribe it to their family members if anyone contracted the Wuhan virus, with 67 percent saying they would take it themselves if infected. The preliminary Gilead data caused the Dow Jones to surge by almost 1,000 points today as well (via CNBC): Related: Gilead Sciences: 2020-04-17 Super-charged stocks race toward second best week ever Gilead Sciences: 2020-04-13 Gilead Sciences – The Coronavirus Vaccine Manufacturer Accused Of Bioterrorism Gilead Sciences: 2020-04-11 Two thirds of COVID-19 patients improve after Gilead drug: NEJM Related: Remdesivir: 2020-04-17 Severely Ill Patients At Chicago Hospital Showed Rapid Recovery After Receiving Gilead's Experimental Antiviral Drug Remdesivir: 2020-04-14 Coronavirus Roundup: CDC Director Says US Coronavirus Cases Stabilizing, Could Peak This Week Remdesivir: 2020-04-13 Gilead Sciences – The Coronavirus Vaccine Manufacturer Accused Of Bioterrorism |
Posted by:Besoeker |