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Dow jones futures live index. Food and drug administration as a covid 19 treatment. Fda approved the antiviral drug veklury remdesivir for adults and pediatric patients 12 years of age and older for the treatment of covid 19 requiring hospitalization. Veklury has been approved or authorized for temporary use as a covid 19 treatment in approximately 50 countries worldwide.
The intravenous drug has helped shorten the recovery time of some hospitalized covid 19 patients. The us food and drug administration on thursday approved gilead sciencess antiviral drug remdesivir for treating patients with covid 19 in hospital making it the first and only drug approved for. Gileads remdesivir first coronavirus treatment approved by fda historic.
In the united states the food and drug administration fda approved veklury on october 22 2020 for the treatment of adults and pediatric patients 12 years old and weighing 40 kg requiring hospitalization for covid 19. 0656 the move to secure fda approval of remdesivir comes nearly two months after gilead announced positive results in a phase 3 trial of the drug. For gilead sciences which will market the drug under the.
Gild rose more than 4 in after hours trade. Drugmaker gilead says its doing you a favor by setting the price for its pending covid 19 treatment remdesivir at more than 2000 for government agencies and over 3000 for private insurers. Hhs secretary alex azar gives update on coronavirus treatments testing and vaccines.
Veklury is the first. The companys antiviral drug was previously authorized by the fda for emergency use to treat covid 19.
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