FOSTER CITY, June 23 — Gilead Sciences Inc said yesterday it expects to be able to supply enough of its antiviral drug remdesivir by year end to treat more than two million Covid-19 patients, more than double its previous target of one million. The company also said it hoped to start trials in...
Tuesday, 23 Jun 2020 07:20 AM MYTFOSTER CITY, June 23 — Gilead Sciences Inc said yesterday it expects to be able to supply enough of its antiviral drug remdesivir by year end to treat more than two million Covid-19 patients, more than double its previous target of one million.
Remdesivir is at the forefront in the fight against the virus after the drug helped shorten hospital recovery times in a clinical trial. It was granted emergency use authorization in the United States and full approval in Japan. “We will continue to collaborate globally to ensure sufficient worldwide supply,” Gilead Chief Executive Officer Daniel O'Day said in a statement, adding that the company donated its existing supplies of remdesivir through June.
Gilead said yesterday it had set up voluntary licensing agreements with nine generic manufacturers. Remdesivir has not been priced yet in the United States.
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