US signs $450m deal with Regeneron for Covid-19 treatment

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US signs $450m deal with Regeneron for Covid-19 treatment
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The US is funding manufacturing and trials for potential vaccines and has secured billions of doses for use by Americans

A scanning electron microscope image of SARS-CoV-2 emerging from the surface of cells cultured in the lab. The Regeneron drug, REGN-Cov2, is a combination of two antibodies that block the coronavirus's"spike protein" it uses to invade human cells. Picture:AFP PHOTO /NATIONAL INSTITUTES OF HEALTH/NIAD-RML/HANDOUT

The agreement, the first by the Trump administration to support a therapy, comes under the government’s “operation warp speed” programme aimed at faster distribution of vaccines and treatments to fight the new coronavirus when trials are successful. Earlier in the day, Novavax received a $1.6bn grant, the biggest award yet from the programme, to cover testing, manufacturing and sale of a potential coronavirus vaccine.

Regeneron’s cocktail, REGN-Cov2, contains an antibody made by the company and another isolated from recovered Covid-19 patients. Rivals Eli Lilly and AbbVie are also pursuing antibody therapies for the respiratory illness.

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