Good initial news... S&P 500 ETF jumps 2% after hours on report Gilead drug showing effectiveness treating coronavirus
Gilead drug produced ‘rapid’ recovery in coronavirus patients, report says University of Chicago Medicine researchers said they saw “rapid recoveries” in 125 COVID-19 patients taking Gilead Sciences Inc.’s experimental drug remdesivir as part of a clinical trial, according to a Thursday afternoon report. Shares of Gilead Sciences Inc. GILD, +2.55% jumped 12.7% in after-hours trading on Thursday following the publication of the Stat News report. +++++++++++++== Dow futures up 900 points on the news.
ES (S&P Mini) up nearly 100 points from first close at 4:15 EST. I would expect it to come down a bit overnight tho………...
Interesting reaction by the stock market since the Gilead CEO already said that they are not going to make a profit on Remdesivir, but really good news none the less.
Here is a good summary of all of the research into remedies and vaccines. How Close Are We to a Coronavirus Vaccine? Tracking Covid-19 Drugs, Treatments
nothing on this one...they were working on vaccine for poultry bronchial infection which is also a coronavirus so it seems they believe it is a small adjustment to get it to work for covid19 Israeli scientists: 'In a few weeks, we will have coronavirus vaccine' In preclinical trials, the team demonstrated that the oral vaccination induces high levels of specific anti-IBV antibodies, Katz said. “Let’s call it pure luck,” he said. “We decided to choose coronavirus as a model for our system just as a proof of concept for our technology.” But after scientists sequenced the DNA of the novel coronavirus causing the current worldwide outbreak, the MIGAL researchers examined it and found that the poultry coronavirus has high genetic similarity to the human one, and that it uses the same infection mechanism, which increases the likelihood of achieving an effective human vaccine in a very short period of time, Katz said. “All we need to do is adjust the system to the new sequence,” he said. “We are in the middle of this process, and hopefully in a few weeks we will have the vaccine in our hands. Yes, in a few weeks, if it all works, we would have a vaccine to prevent coronavirus.” they were working on vaccine for poultry bronchial infection which is also a coronavirus so it seems they believe it is a small adjustment to get it to work for covid19
So that's why they call me Dr. GK. I wondered who that chick was. KIDDING!!!! Just kidding brother! The joke was open.
The stem cell treatment is being studied here. FDA OKs 1st Stem Cell Human Trial for COVID-19 https://www.europeanpharmaceuticalr...study-stem-cell-therapy-in-covid-19-patients/
BARDA announces committing $483M to pay for the costs for Moderna to bring their vaccine through the late stage trials and scale up manufacturing....which suggests that these early human trials must being showing promise despite data not being made public yet. BARDA promises Moderna up to $483M to shepherd COVID-19 vaccine to approval
This would be an incredible medical advancement if they pull this off....even if they only come close to pulling this off and it needs further refinement!! Sanofi taps Luminostics to develop a smartphone-based COVID-19 test
It's good to see the incredible ingenuity and capability we have in this country to meet challenges like this.
I think this and the potential asymptomatic people who tested positive in the Serological study you participated in both have big potential. Did you just get a call? I was reading about what I think was your study just got a call and agreed to help.
Yes. Random call. You should definitely participate. I tested negative. I have a friend who got the same call and tested positives for antibodies. Asymptomatic.
The University of miami is going to test the stem cell treatment. One placenta produces enough cells to treat 10,000 people. https://www.miamiherald.com/news/health-care/article242008576.html
