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-1.65459729860204E-05 -0.000292312189418284 0.000479833216592241 0.00114167213602992 0.00202412402861345 -0.000954151108855966 -0.0051457975986279 -0.00459426516576306
Stock impact report

Novartis to test efficacy of old malaria drug against COVID-19 [Reuters]

Novartis AG (NVS) 
Last novartis ag earnings: 4/28 01:00 am Check Earnings Report
US:NYSE Investor Relations: novartis.com/investors
Company Research Source: Reuters
Novartis to test efficacy of old malaria drug against COVID-19 ZURICH/NEW YORK (Reuters) - Swiss drugmaker Novartis AG ( NOVN.S ) said on Monday it will test the malaria drug hydroxychloroquine in a randomized trial to see if the much talked about medicine is actually effective against COVID-19, the illness caused by the novel coronavirus. The company hopes to have data on its efficacy by June, a lead researcher for the trial told Reuters. The decades-old generic medicine has been touted by U.S. President Donald Trump and others as a “game changer” treatment for the highly contagious respiratory illness, and the U.S. Food and Drug Administration authorized it use in COVID-19 on an emergency basis. But there is not yet scientific proof that it works. There are currently no approved medicines or vaccines specifically for COVID-19. “Right now, we’re in a sea of anecdotes, and a lot of non-professional, poorly-informed people are making recommendations that are swaying how the public an Show less Read more
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