Gilead's Remdesivir Results Encouraging, Safety Brings Skepticism

Analysts see NIAID’s placebo-controlled data as more important than Gilead’s open-label data. Quick emergency use authorization by FDA is possible, but the US agency has not confirmed EUA.

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Analysts and NIAID director Fauci called the data significant and reason for optimism

News from Gilead Sciences Inc. and the US National Institute of Allergy and Infectious Diseases on 29 April about remdesivir in the treatment of COVID-19 produced a wave of optimism throughout financial markets based on the first evidence of a treatment benefit in patients sickened by the novel coronavirus.

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