Remdesivir maker 'moving very quickly' with FDA on possible coronavirus use, CEO says [DailyFinance (AOL.com)]
Gilead Sciences, Inc. (GILD)
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Source: DailyFinance
maker 'moving very quickly' with FDA on possible coronavirus use, CEO saysShareElisha FieldstadtMay 1st 2020 10:48AMThe maker of, an experimental drug for treatment of the coronavirusGilead is also working to expand its capacity for producingremdesivirThe company thinks it could make millions of treatment courses available by the end of the year, O'Day said. Its production capacity has already gone from 5,000 treatment courses to 100,000, he said."We made the decision to expand capacity before we knew it was going to be effective," he said.At the same time, Gilead and the and Drug Administration's collaboration "has been terrific" on possible emergency-use authorization for remdesivir as a coronavirus treatment, O'Day said."I expect that they're going to act very quickly," O'Day said, "and we’re prepared as a company to make sure we get this medicine to as many patients as possible as soon as possible after that approval."O'Day noted that remdesivir currently is for "severe" coronavi
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