Gilead Gains; Drug Gets Human Trial in China for Coronavirus

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.China has kick-started a clinical trial to speedily test a drug for the novel coronavirus infection as the nation rushes therapies for those afflicted and scours for vaccines to protect the rest.Remdesivir, a new antiviral drug by Gilead Sciences Inc. aimed at infectious diseases such Ebola and SARS, will be tested by a medical team from Beijing-based China-Japan Friendship Hospital for efficacy in treating the deadly new strain of coronavirus, a hospital spokeswoman told Bloomberg News Monday.Trial for the drug will be …read more

Source:: Yahoo Finance

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