Oracle Works With White House For Informal Testing Of Antimalarial Drugs For COVID-19 Effectiveness [Yahoo! Finance News]
Oracle Corporation (ORCL)
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Source: Yahoo! Finance News
Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter.Oracle Corporation (NYSE: ORCL) is creating a website and mobile applications for collecting data on the treatment of novel coronavirus (COVID-19) patients with antimalarial drugs, the Washington Post reported Tuesday.What Happened Oracle is donating the project to the federal government, which will maintain oversight, according to the Post.The platforms will collect information from doctors about administering the drugs to their coronavirus patients to determine their effectiveness based on data outside of more established methods of clinical trials.The Trump administration is also exploring whether the participating doctors should receive bonus payments, the Post noted.President Donald Trump was convinced of the effectiveness of two antimalarial drugs, chloroquine and hydroxychloroquine, for the coronavirus after multiple conversations with O
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