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Great News from Gilead Sciences - April 29

Posted: Wed Apr 29, 2020 3:12 pm
by dan_s
President Donald Trump hailed good news that a Gilead Sciences Inc. experimental antiviral drug might help fight the coronavirus, and infectious disease official Anthony Fauci said data shows it appears to help patients hospitalized with COVID-19.

Fauci said the early results of a closely watched clinical trial offered "quite good news" regarding a potential therapy made by the biotechnology company Gilead Sciences Inc.

"The data shows that remdesivir has a clear-cut, significant, positive effect in diminishing the time to recovery," Fauci said.

An experimental drug for the coronavirus has a proven benefit, according to Dr. Anthony Fauci, the head of the National Institutes of Allergy and Infectious Diseases.

Early Wednesday morning, Gilead issued a news release saying it had become aware of results from the NIAID trial showing its experimental drug remdesivir helped patients recover more quickly than standard care, suggesting it could become the first effective treatment for an illness that has turned modern life inside-out.