Small biotech firm Novavax said in a press release that it has made 'progress in its efforts to develop a novel vaccine to protect against coronavirus disease.'
The race is on to find a vaccine for the deadly Wuhan coronavirus -- and another drug company said Wednesday that it hopes it will be able to develop a successful drug.New York (CNN Business) Small biotech firm Novavax said in a press release Wednesday that it has made"progress in its efforts to develop a novel vaccine to protect against coronavirus disease."Novavax said it is looking at several vaccine candidates for animals and hopes to be able to narrow them down to find"an optimal candidate for human testing, which is expected to begin by the end of spring 2020." Shares of Novavax (NVAX) soared nearly 20% Wednesday on the news.Biotech company Moderna says its coronavirus vaccine is ready for first tests "Our previous experience working with other coronaviruses, including both MERS and SARS, allowed us to mobilize quickly," said Novavax CEO Stanley Eck in a statement. He added that Novavax was hopeful it could begin Phase I clinical testing in May or June.Still, Novavax joins a crowded field of biotechs and other drug makers frantically trying to come up with a vaccine to treat the outbreak.Read MoreAnother small US biotech company named Moderna (MRNA) said late Monday that it has already shipped an experimental vaccine to the National Institute of Allergy and Infectious Diseases for testing. Shares of Moderna soared 20% Wednesday, following a more-than-25% spike Tuesday.Gilead Sciences drug remdesivir may help treat coronavirus symptoms, according to WHOThe best possible hope for a coronavirus treatment might actually come from biotech giant Gilead Sciences (GILD). Officials at the World Health Organization touted the potential for Gilead's remdesivir drug during a press conference in China on Monday, saying that remdesivir is the only drug that"may have real efficacy" in treating coronavirus patients.The company has previously said that remdesivir was successful in treating MERS and SARS, two other types of coronaviruses. Shares of Gilead were up 3% Wednesday and the stock rose nearly 5% Monday -- even as the Dow plunged more than 1,000 points. Read more: CNN
Freakin 2 people out of 360,000,000 have caught the virus in the US and CNN is acting like the world is ending!!! Ur no longer a news organization but a danger to the country. Stop yelling FIRE in the movie theatre!!!! 😅 Same here 😁
Biotech company Moderna says its coronavirus vaccine is ready for initial testsUS biotech firm Moderna has shipped an experimental coronavirus vaccine to US government researchers just six weeks after it started working on the immunization. Wow ..God is grate.. God bless them all for the good job they are doing How novel... The U.S. already has a cure coronavirus The mortality from insulin medication in type 2 diabetes is 30% / 5 years.
Biotech company Moderna says its coronavirus vaccine is ready for first testsThe first vials of an experimental vaccine for novel coronavirus are ready for human testing I’ll take two please I hope it works✌✌ Today, WHO says 80,988 cases of COVID19 outbreak globally. If untested numbers are counted, the actual number may be 10 times this figure. Be aware of world activities of Zion Christian Mission Center, Shincheonji. Most Korean people infected with COVID19 belong to this cult.
Dashboard of a downturn: coronavirus starts to set off some recession alarm bellsWill China's coronavirus outbreak send the world economy into recession? Media is hoping it does. Long overdue correction from years of QE. Printing money and a ballooning Fed balance sheet has done more harm than any perceived 'good' Here we go
Stocks Tumble Again as Fears of Coronavirus Grip MarketsBreaking News: For weeks, investors shrugged off the risks of the coronavirus. Now, after 2 straight market plunges, the S&P 500 is firmly in the red for 2020. Why would anyone believe that the trump admin’s RELENTLESS lying and ineptitude would magically end as we’re confronted with this real emergency? Liberals are in their glory right now.
Stocks Tumble Again as Fears of Coronavirus Outbreaks PersistU.S. markets fell sharply, with the S&P 500 down about 3%, after a warning that a coronavirus outbreak could spread to America It’s called Bernie effect Well, it's a good thing the Republicans elected responsible, honest, competent leadership in the White House! Oh wait.
Health insurer shares pummeled by Sanders surge, virus worriesAs concerns over the spreading coronavirus outbreak hammered U.S. stocks, one co... Check out our page for daily infographics on global current affairs. We post fair and balanced infographics to bring back reason and effective discourse to politics and keep people informed of the world around them knowledgeispower painlesspolitics No one should die bc they can’t afford to seek treatment nor souls someone lose everything over an illness. Unions gain greater bargaining power and ppl don’t have to be locked into a job they hate in fear of losing coverage This right here shows you we don’t need this clown. Promises everyone the world, keeps plenty for himself. It happens over & over, theyreallcrooks