Companies: Gilead Seeks Final US Approval of Treatment for COVI

Updated 08/10/2020 at 4:40 PM Gilead Sciences Inc said it has applied to the US Food and Drug Administration (FDA) for final approval under emergency conditions of remdesivir, its drug currently used to fight COVID-19. The antiviral, which has helped to shorten recovery time in patients with COVID-19 In trials in the United States, it […]

Companies: Pfizer reaches agreement with Gilead to manufacture anti-C drug

Updated 08/07/2020 at 12:34 Pharmaceutical Pfizer announced an agreement with biotechnology company Gilead Sciences to produce its drug against COVID-19, remdesivir, and thus scale the supply of the drug, which has been proven effective in reducing the chances of death from the virus. Through a statement, Pfizer explained that it is an agreement “multiannual“For Gilead […]

Pharmaceutical company sets price for remdesivir at $ 390 per ampoule

The estimated manufacturing cost is $ 0.93 Remdesivir (Veklury) from Gilead Sciences is an antiviral agent that inhibits viral RNA polymerase and is designed to prevent the multiplication of RNA viruses in the infected cells. During the Ebola epidemic, tests were carried out on primates and eventually humans, but the drug was found to be […]

Gilead to end testing of its coronavirus drug by end of May | Business

Updated on 05/15/2020 at 18:24 Gilead Sciences Inc’s two clinical studies of its potential remdesivir coronavirus treatment will end in late May, closing the path of patients’ access to antiviral medication, according to US researchers involved in the tests. The United States Food and Drug Administration (Fda) authorized the emergency use of the drug on […]

mass production of treatments is organized

Big Pharma is ready to take on financial risk before it even gets the results of clinical trials. The French company Sanofi, world number 4 in vaccines with its subsidiary Sanofi Pasteur (photo), has teamed up with the British laboratory GSK in the race for the vaccine against Covid-19. Vincent Moncorge / Sanofi Pasteur Big […]

Federal Reserve chief Powell hits Wall Street

Dusseldorf Pessimistic statements by Jerome Powell, chairman of the Federal Reserve (Fed), darken sentiment on the US stock markets. The strongest of the three leading indices fell on Wednesday when the Dow Jones started trading with around one percent to 23,541 points. The index of the technology exchange Nasdaq and the broader S&P 500 fell […]

New gene therapies require new pricing models

Novartis headquarters in Basel The pharmaceutical company has so far treated around 500 patients with the new gene therapy Zolgensma. (Photo: dpa) A few years ago, the $ 1000 pill hit the headlines worldwide: The US pharmaceutical company Gilead had developed a new drug against hepatitis C. There was a great outcry from the health […]

United States allow limited use of corona active ingredient Remdesivir

Gilead Sciences laboratory The drug Remdesivir is said to help Covid 19 sufferers. (Photo: AP) The United States allows limited use of the drug remdesivir in Covid-19 patients in hospitals. The exemption came in the light of the light of the coronavirus pandemic, Stephen Hahn, head of the Food and Drug Administration said Friday in […]

Dax starts trading with profits

Dusseldorf The hope for an effective therapy against the coronavirus has given the stock markets further boost. The German leading index Dax rose 0.6 percent to 11,170 points at the start of trading. Also the Eurostoxx 50 started trading with slight profits. The leading European index rose by 0.6 percent to 3,015 points. In doing […]