Gilead’s Coronavirus Wonder-Drug Remdesivir Is Masking A Board Contagion [Forbes]
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Source: Forbes
Medics are inundated in the US epicenter of the coronavirus (COVID-19) pandemic in NY (Photo by... [+]John Moore/Getty Images)When Gilead s, Inc.’s (GILD) CEO Daniel O’Day pushed the button on his March 28open letterstating the firm’s new wonder-drug (the antiviral Remdesivir) could work against COVID-19, he had every hope the company's share price would soar - and he was rightThe fact that Gilead donated around 140,000 treatment courses to expedite its possible emergence intoAmerica’s emergency responseNew England Medical JournalToday In:The report revealed that36 of 53 patients hospitalized for severe COVID-19 who were treated with compassionate-use Remdesivir had clinical improvement.Daniel O'Day, CEO of Gilead s, testifies before the House Committee on Oversight and Reformduring a hearing on why its HIV prevention drug, Truvada, is so expensive on May, 16, 2019 in Washington, DC.The Washington Post via Getty ImagesHowever, O’Day had other reasons to get ahead of the news agenda. R
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