MarketChatter: Trump Says Gilead Sciences' Drug for COVID-19 'Essentially Approved'by FDA
BY MT Newswires
— 3:14 PM ET 03/19/202003:14 PMEDT, 03/19/2020 (MT Newswires) -- President DonaldTrump said in a Thursday news conference that Gilead Sciences' ( GILD
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) remdesivir, anexperimental drug to treat COVID-19, was "essentially approved,"Bloomberg News reported Thursday.
Meanwhile, US Food andDrug Administration Commissioner Stephen Hahn said afterward that thedrug is "going through the normal process." The company is expectedto issue results of testing of the drug in April.
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