The promise of an effective treatment against the coronavirus — an experimental drug that can speed the recovery of COVID-19 patients — raised hopes Thursday for faster progress in battling the pandemic and restoring wrecked economies and livelihoods.

 

The U.S. government and others say they are working to make the medication available to patients as quickly as possible. News of the major medical advance lifted world markets, outshining gloomy data showing the U.S. economy contracted nearly 5% in January-March in the worst downturn since the Great Recession.

California-based biotech company Gilead Sciences and the U.S. government reported in a major study run by the U.S. National Institutes of Health that the drug remdesivir shortened the time it takes for COVID-19 patients to recover by four days on average — from 15 days to 11.

 

Source: AP News

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