FDA in talks to make Gilead's remdesivir available to coronavirus patients 'as quickly as possible' [CNBC]
Gilead Sciences, Inc. (GILD)
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Source: CNBC
The Food and Drug Administration has been in "sustained and ongoing" discussions with Gilead Sciences to make antiviral drug remdesivir available to Covid-19 patients "as quickly as possible, as appropriate," the agency said Wednesday. Earlier in the day, White House health advisor Dr. Anthony Fauci said data from a coronavirus drug trial testing Gilead's drug showed "quite good news" and sets a new standard of care for Covid-19 patients. Speaking to reporters from the White House, Fauci said he was told data from the trial showed a "clear-cut positive effect in diminishing time to recover." The New York Times reported that the FDA plans to announce as early as Wednesday an emergency use authorization for remdesivir. FDA spokesman Michael Felberbaum told CNBC, "As part of the FDA's commitment to expediting the development and availability of potential COVID-19 treatments, the agency has been engaged in sustained and ongoing discussions with Gilead Sciences regarding making remdesivir
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