President Trump just announced that Remdesivir has been approved by the FDA for emergency applications relating to coronavirus:
Gilead Sciences Inc.’s antiviral drug has been cleared by U.S. regulators for emergency use in Covid-19 patients, President Donald Trump told reporters at the White House Friday.
The drug, Breaking! Trump announces FDA has approved drug for emergency use against coronavirus, has shown positive results in helping hospitalized patients recover more quickly. The Food and Drug Administration cleared the drug under an emergency use authorization, a shortcut step by which the agency can bring products to market without full data on their safety and efficacy.
That’s very good news and the stock market is already edging up slightly. Yet another way in which innovation and the free market is alleviating human suffering…