BIO member Gilead’s remdesivir gives us a glimpse of the light at the end of the tunnel—and a reminder of just how much the biotech industry is investing in ending COVID-19.
The Food and Drug Administration (FDA) authorized emergency use of Gilead’s remdesivir, “the first drug that appears to help some COVID-19 patients recover faster, a milestone in the global search for effective therapies against the coronavirus,” reports the AP.
Gilead developed the experimental antiviral a decade ago and tested it against various diseases including Ebola and childhood respiratory illnesses before trying it on COVID-19.
Now, preliminary results show the drug shortened some COVID-19 patients’ recovery time by 31%, reducing hospital stays by an average of 4 days compared to those who received a placebo.
The next steps: “Gilead can work with the government to directly ship the drug to hospitals with the greatest need,” explains The Wall Street Journal. “Gilead expects to manufacture 1.5 million doses by the end of May, or up to 210,000 treatment courses.”
What they’re saying: Gilead’s success “reaffirms the American way” of R&D, say Gilead Board members John F. Cogan and George P. Schultz in The Wall Street Journal. “The long development time, unexpected setbacks and mounting costs are the norm in drug development. The costs are funded by reinvested profits and supported by risk-taking shareholders with a long time horizon.”
Learn more about what BIO members are doing to end the coronavirus at www.bio.org/coronavirus.
More Health Care News:
The Wall Street Journal: Drug Innovation to the Rescue
“The world hasn’t had much good news of late, but some arrived on Friday as the Food and Drug Administration approved the emergency use of the drug remdesivir to treat Covid-19 patients. This underscores that drug innovation, especially by private American companies, is the best hope we have for defeating the coronavirus.”
The Wall Street Journal: Roche coronavirus antibody test wins FDA approval for emergency use
“Roche says its test has proven 100% accurate at detecting COVID-19 antibodies in the blood, and 99.8% accurate at ruling out the presence of those antibodies.”
The Washington Post: Inside the extraordinary race to invent a coronavirus vaccine
"With at least 115 vaccine projects at companies and research labs, the science is hurtling forward so fast and bending so many rules about how the process usually works that even veteran vaccine developers do not know what to expect."