Gilead gets emergency FDA authorization for remdesivir to treat coronavirus, Trump says [View all]
The Food and Drug Administration has granted emergency use authorization for Gilead Sciences remdesivir drug to treat the coronavirus, President Donald Trump announced Friday.
Trump made the announcement in the Oval Office alongside Gilead CEO Daniel O’Day.
“We want to thank the collaborators that brought remdesivir to this point and many of our people that have been part of this, in fact, the caregivers,” O’Day told reporters. He added that the company is donating one million vials of remdesivir.
Gilead shares pared losses, but were still down 4% in trading Friday. The stock, which has a market value of about $101 billion, has gained 21% since the start of the year.
https://www.msn.com/en-us/news/us/gilead-gets-emergency-fda-authorization-for-remdesivir-to-treat-coronavirus-trump-says/ar-BB13ucz9?li=BBnb7Kz
I hope that wasn't approved just because numb nuts pressured them.
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