Gilead Sciences' remdesivir shows improvement in coronavirus patients with moderate pneumonia
Patients taking a 5-day course of treatment recover faster compared to the standard of care
Company
NASDAQ:GILD
Gilead Sciences Inc is a biopharmaceutical company. The company is engaged in advancing medicines to prevent and treat life-threatening diseases, including human immunodeficiency virus (HIV), viral hepatitis and cancer. Gilead Sciences Inc offers products in HIV, Onocolgy, Liver Disease, Vekulaery and Other.
86 stories · page 2 of 5
Patients taking a 5-day course of treatment recover faster compared to the standard of care
Gilead’s remdesivir is currently approved as emergency treatment for coronavirus while Roche has been studying the effectiveness of arthritis treatment Actemra
The drug is being used as emergency treatment in Japan and the US, while generic versions will be distributed in 127 countries
The deals were signed with Cipla, Ferozsons Laboratories, Hetero Labs, Jubilant Lifesciences and Mylan
The temporary authorisation follows trials that confirmed the drug allows for faster recovery but safety and efficacy have not been proven yet
The drug has not been approved anywhere yet and has not been demonstrated to be safe or effective in coronavirus cases.
Patients receiving a ten-day course of remdesivir achieved similar improvement compared with those being treated for five days
The World Health Organization accidentally posted data from trials in China showing that the drug, considered very promising, was not successful
Hardware & electrical equipment
Here are some of the companies involved in projects that have been fast-tracked by the UK authorities
A list of the major pharma players looking for solutions to tackle the pandemic
Remdesivir was originally designated as a treatment for Ebola
The S&P 500 closed down 2.93% and the Nasdaq Composite closed down 0.27%.
It is working with Chinese officials to set up a study of the drug’s effectiveness against the virus
“Drug companies have to come clean about their prices in TV ads. If drug companies are ashamed of those prices – lower them!”
Viking stands to benefit after Gilead’s drug selonsertib did not meet its primary endpoint in a Phase 3 trial
Also moving were Electronic Arts and General Motors, which reports Wednesday
MannKind, Agenus and BlackBerry are also seeing trading action
Agenus will receive a $120 million upfront payment and a $30 million equity investment from Gilead
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at the day's winners and sinners, including Dignity, Online Blockchain, Restaurant Group, TomCo Energy, Johnston Press, GYG, Anglo African Agriculture and Carr's Group