A medical personnel administers a free Covid-19 tests at a state run drive-through testing site in the parking lot of the University of Texas El Paso campus amid the coronavirus disease (COVID-19) outbreak, in El Paso, Texas, November 23, 2020. Ivan Pierre Aguirre | Reuters Al Weiss, 74, walked into …
Read More »Sorrento Therapeutics’ antibodies injection, nose drops to fight Covid
Medical staff member Christina Mathers attends to a patient, who is unconscious, as she holds the patient’s hand in the COVID-19 intensive care unit (ICU) at the United Memorial Medical Center on December 21, 2020 in Houston, Texas. Go Nakamura | Getty Images Sorrento Therapeutics is working on new antibody …
Read More »‘This is already in the U.S.,’ says Dr. Gottlieb
Former FDA chief Dr. Scott Gottlieb warned that the highly contagious, new mutation of Covid-19 found in the United Kingdom “is already in the U.S.” as more than 40 countries ban travel to and from the U.K. for 48 hours or more. “I don’t think a travel ban, at this …
Read More »Covid-19 antibody drug used to treat President Trump isn’t getting to Americans
When President Donald Trump got sick with Covid-19 in October, he credited an antibody drug from Regeneron with making him feel better “immediately.” “I felt as good three days ago as I do now,” he said in a video shot in front of the White House after he left Walter …
Read More »Scott Gottlieb says states may struggle with logistics
Dr. Scott Gottlieb expressed concerns Wednesday about the smooth administration of Covid-19 vaccines next year, when shots become available for Americans who are not health-care workers or residents of long-term care facilities. The former Food and Drug Administration commissioner pointed to the challenges that have been reportedly experienced around administering antibody …
Read More »HHS Secretary Azar says the public will get Covid vaccine ‘by the end of February into March’
Health and Human Services Secretary Alex Azar told “The News with Shepard Smith” that most Americans can expect to get the coronavirus vaccine as soon as late February. “I believe by the end of February, the end of March, of course, depending on the decisions by our governors, but I …
Read More »Apple, Baidu, Chewy and more
The Apple iPhone 12 Pro Max is unveiled during a virtual product launch. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Apple — Apple shares rose more than 3% after Nikkei reported the tech giant will ramp up its iPhone production by …
Read More »Relief Therapeutics shares have soared 38,000% in 2020
Medical staff examine a patient in the Covid-19 intensive care unit at United Memorial Medical Center in Houston on Nov. 16, 2020. Go Nakamura | Getty Images LONDON — Swiss biotech firm Relief Therapeutics has seen its share price climb by 38,000% so far this year, as it develops a …
Read More »Merck CEO optimistic, sees 6 more months of masks
Merck CEO Kenneth Frazier told CNBC on Thursday he was hopeful about continued progress on coronavirus vaccines but suggested that strict adherence to public-health protocols would remain necessary for months ahead. “I think there’s a lot of reason to be optimistic about the vaccines that are coming out. The Pfizer …
Read More »5 things to know before the stock market opens November 20, 2020
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Investors assess vaccine news against Covid-19 case spikes Pfizer and BioNTech said they’ll apply with the FDA on Friday for emergency use authorization for their vaccine, the first to go through the regulatory …
Read More »WuXi Biologics CEO predicts approval for Covid-19 antibody treatment
Chris Chen, chief executive officer at China’s WuXi Biologics, expects approval for a Covid-19 antibody treatment either “late this year or early next year, ” he told CNBC. WuXi Biologics, which sells outsourced laboratory and manufacturing services to biotech companies, has signed several deals with clients to research antibodies for …
Read More »Bioethicists worry the rich and powerful will get special access to experimental treatments
U.S. President Donald Trump looks over at reporters and photographers as the president departs Walter Reed National Military Medical Center after a fourth day of treatment for the coronavirus disease (COVID-19) to return to the White House in Washington from the hospital in Bethesda, Maryland, U.S., October 5, 2020. Jonathan …
Read More »U.S. officials warn of challenges administering Eli Lilly’s antibody drug
In this May 2020 photo provided by Eli Lilly, researchers prepare mammalian cells to produce possible COVID-19 antibodies for testing in a laboratory in Indianapolis. David Morrison | Eli Lilly via AP States and local health-care systems should expect to face some early challenges administering Eli Lilly‘s coronavirus antibody drug, …
Read More »5 things to know before the stock market opens November 10, 2020
1. Dow futures up, Nasdaq futures down as rotation out of tech continues A man wearing a mask passes the Charging Bull statue in New York’s financial district. Mark Lennihan | AP Dow futures pointed to a nearly 150 point gain at Tuesday’s open after the 30-stock average surged 834 …
Read More »Eli Lilly says Covid antibody drugs needed even if there’s a vaccine
Eli Lilly Chairman and CEO Dave Ricks told CNBC on Tuesday the company’s coronavirus antibody drug will still be an important treatment for Covid-19, even if a widely available vaccine is brought to market. The Food and Drug Administration granted Eli Lilly’s antibody treatment emergency use authorization Monday evening, allowing it …
Read More »Coronavirus ‘about to explode’ before therapeutics
Former FDA chief Dr. Scott Gottlieb warned that the coronavirus pandemic is “about to explode” across the United States as the country confirmed more than 10 million coronavirus cases on Monday, a bleak milestone just 10 days after reaching the 9 million mark amid a record surge in daily infections. …
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