190,535 Confirmed Cases
-80,648 People who have recovered
- 7,517 Deaths
--------------------
102,370 Active Cases
There are now 16 countries with over 1,000 confirmed cases. Germany has moved over South Korea into the #5 spot. USA still in #8 spot.
Things that jump out at me:
1. In China: They are reporting very few new confirmed cases and the number of people who have recovered (68,798) is growing faster. Number of Active Cases down by 79% in 21 days.
Have they found a cure? Do they really have it under control?
2. South Korea is also reporting a slow down in new confirmed cases and the number of people recovered is rising to 1,407 compared to just 81 deaths.
3. In the U.S. and Europe the number of confirmed cases is rising fast, but number of people who have recovered is very small.
Are we just keeping people in the hospital who have recovered because we are afraid to release them back into the population?
If our recovery rate is so much slower than China, South Korea, Iran and Italy, WHY?
In the U.S. we have 5,107 "Active Cases" of COVID-19 (most are listed as "mild") This compares to > The United States has an estimated 924,100 hospital beds, according to a 2018 American Hospital Association survey. Is the FEAR of COVID-19 overwhelming our healthcare system a valid concern?
COVID-19 Update - Mar 17 at 1PM ET
COVID-19 Update - Mar 17 at 1PM ET
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: COVID-19 Update - Mar 17 at 1PM ET
FINALLY SOME HOPE
A company in China has developed a treatment for COVID-19 and put out a press release this morning:
Favipiravir, the influenza drug which was approved for clinical use in Japan in 2014, has shown no obvious adverse reactions in the clinical trial, said Zhang Xinmin, director of the China National Center for Biotechnology Development under the Ministry of Science and Technology, at a press conference.
More than 80 patients have participated in the clinical trial in The Third People's Hospital of Shenzhen, south China's Guangdong Province, including 35 patients taking Favipiravir and 45 patients on a control group. Results showed that patients receiving Favipiravir treatment turned negative for the virus in a shorter time compared with patients in the control group.
Furthermore, a Stanford University study said:
...Recent guidelines from South Korea and China report that chloroquine is an effective antiviral therapeutic treatment against Coronavirus Disease 2019. Use of chloroquine (tablets) is showing favorable outcomes in humans infected with Coronavirus including faster time to recovery and shorter hospital stays…
On top of that, and even bigger news, human trials of a coronavirus vaccine made by Moderna (NASDAQ: MRNA) have begun in Seattle. Moderna jumped 12% today to $29.54.
A company in China has developed a treatment for COVID-19 and put out a press release this morning:
Favipiravir, the influenza drug which was approved for clinical use in Japan in 2014, has shown no obvious adverse reactions in the clinical trial, said Zhang Xinmin, director of the China National Center for Biotechnology Development under the Ministry of Science and Technology, at a press conference.
More than 80 patients have participated in the clinical trial in The Third People's Hospital of Shenzhen, south China's Guangdong Province, including 35 patients taking Favipiravir and 45 patients on a control group. Results showed that patients receiving Favipiravir treatment turned negative for the virus in a shorter time compared with patients in the control group.
Furthermore, a Stanford University study said:
...Recent guidelines from South Korea and China report that chloroquine is an effective antiviral therapeutic treatment against Coronavirus Disease 2019. Use of chloroquine (tablets) is showing favorable outcomes in humans infected with Coronavirus including faster time to recovery and shorter hospital stays…
On top of that, and even bigger news, human trials of a coronavirus vaccine made by Moderna (NASDAQ: MRNA) have begun in Seattle. Moderna jumped 12% today to $29.54.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: COVID-19 Update - Mar 17 at 1PM ET
13 companies are working on coronavirus treatments or vaccines — here’s where things stand
Published: March 17, 2020 at 3:03 p.m. ET
https://finance.yahoo.com/m/537101ec-b3 ... s-are.html
Published: March 17, 2020 at 3:03 p.m. ET
https://finance.yahoo.com/m/537101ec-b3 ... s-are.html
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: COVID-19 Update - Mar 17 at 1PM ET
Great information re potential therapeutic trials and vaccine trial. Speed will be key, but unfortunately there's not a lot that can be done to shorten actual conduct of a trial.
For any drugs already approved for another indication, know that in the U.S. a physician may lawfully prescribe them "off label" if in the physician's judgment there is an indication to do so. So, when encouraging trial results of an already approved drug are reported, if deemed reliably indicative of safety and efficacy in other patients being considered for therapy (which may require some peer evaluation, hopefully expedited), physicians may use them.
Any drug not already FDA approved and demonstrated to be safe and effective will require some form of expedited FDA review/approval or some type of emergency exemption in order to be used.
Reimbursement will be a different issue, but presumably insurance companies will see the financial wisdom of reducing length of stay and intensity of treatment and readily authorize reimbursement. In the case of chloroquine, since it is in generic form the expense should be slight. Don't know about others.
Thanks for posting this information.
For any drugs already approved for another indication, know that in the U.S. a physician may lawfully prescribe them "off label" if in the physician's judgment there is an indication to do so. So, when encouraging trial results of an already approved drug are reported, if deemed reliably indicative of safety and efficacy in other patients being considered for therapy (which may require some peer evaluation, hopefully expedited), physicians may use them.
Any drug not already FDA approved and demonstrated to be safe and effective will require some form of expedited FDA review/approval or some type of emergency exemption in order to be used.
Reimbursement will be a different issue, but presumably insurance companies will see the financial wisdom of reducing length of stay and intensity of treatment and readily authorize reimbursement. In the case of chloroquine, since it is in generic form the expense should be slight. Don't know about others.
Thanks for posting this information.
Re: COVID-19 Update - Mar 17 at 1PM ET
,,In the U.S. we have 5,107 "Active Cases" of COVID-19 (most are listed as "mild") This compares to > The United States has an estimated 924,100 hospital beds, according to a 2018 American Hospital Association survey. Is the FEAR of COVID-19 overwhelming our healthcare system a valid concern?>> --Dan
As I said yesterday ( why was the post taken down?), we don’t know how many US cases of Covid-19 there are because we lack sufficient testing materials. Given the infection's rate of spread, today’s figure may be wholly inadequate to compute hospital resources tomorrow.
As I said yesterday ( why was the post taken down?), we don’t know how many US cases of Covid-19 there are because we lack sufficient testing materials. Given the infection's rate of spread, today’s figure may be wholly inadequate to compute hospital resources tomorrow.
Re: COVID-19 Update - Mar 17 at 1PM ET
I definitely agree that we need more data, but all we have is the "official data". The good news is that if 10X more people have the virus than what is being reported, the cases must be mild or they would go to a hospital.
Last week I talked to a healthcare professional that knew all the stats for Fort Bend County where I live. She is a nurse working for a company that sells stuff to hospitals, so she visits them all.
Fort Bend is one of the most populated counties in Texas. She said that hospitals just in this county handled over 300,000 patients with the Swine Flu in 2009. So, she thinks we can handle this virus.
So far, we only have ~120 known COVID-19 cases in the entire state of Texas.
I know it is much worse in New York.
Check your state here: https://www.npr.org/sections/health-sho ... in-the-u-s
Last week I talked to a healthcare professional that knew all the stats for Fort Bend County where I live. She is a nurse working for a company that sells stuff to hospitals, so she visits them all.
Fort Bend is one of the most populated counties in Texas. She said that hospitals just in this county handled over 300,000 patients with the Swine Flu in 2009. So, she thinks we can handle this virus.
So far, we only have ~120 known COVID-19 cases in the entire state of Texas.
I know it is much worse in New York.
Check your state here: https://www.npr.org/sections/health-sho ... in-the-u-s
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group