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6 mins read

Inside the treacherous black market for Remdesivir in India— from private hospitals to distributors

The black market for drugs that could treat COVID-19 is surging in India, especially when it comes …

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2 mins read

These are the companies that are making Remdesivir in India

Zydus Cadila has launched Remdesivir under the brand name Remdac, used to treat patients sufferin…

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1 min read

How remdesivir drug can save lives in nations with lower hospital capacity

Amid news that the US has bought up virtually the entire global supply of remdesivir, a new study o…

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5 mins read

The utter chaos and confusion over Remdesivir in India is making the COVID-19 second wave worse

Remdesivir is not a proven treatment against COVID-19. Governments have said it, the courts hav…

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2 mins read

Cipla says COVID-19 drug Remdesivir will hit market this week

As India faces a shortage of Covid-19 drug Remdesivir, the pharmaceutical company Cipla said it wil…

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5 mins read

Remdesivir drug fails to reduce mortality or hospital stay of COVID-19 patients, says WHO study

Remdesivir, one of the earliest touted treatments for COVID-19 in the world, is not effective in pr…

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2 mins read

Dow gains 250 points as traders weigh virus spike against treatment advances

The US reported another record spike in confirmed cases on Thursday, while Gilead announced encoura…

Carmen Reinicke   


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2 mins read

Dow gains 369 points on trader optimism about a COVID-19 treatment

Gilead on Friday announced encouraging data about a COVID-19 treatment, spurring optimism about a r…

Carmen Reinicke   


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2 mins read

Lymphoma drug outperforms Remdesivir against COVID-19 virus

A chemotherapy medication originally developed to treat lymphoma has outperformed the popular remde…

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2 mins read

Drug developer Gilead soars to 16-month high after WHO official says its experimental treatment is best shot for fighting coronavirus

Coronavirus is responsible for 2,626 deaths and has infected more than 79,000 individuals as of Mon…

Ben Winck   


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4 mins read

Cipla, Zydus Cadila, Jubilant Life and Dr Reddy’s shares gain after FDA approves Remdesivir for treating COVID-19 patients

The shares of pharma major Cipla, Zydus Cadila, Jubilant Life Sciences and Dr Reddy Labs gained dur…

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2 mins read

These are the companies manufacturing COVID-19 drug Remdesivir in India

The agreements allow these companies to manufacture remdesivir for distribution in 127 count…

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3 mins read

The US government's supply of remdesivir — the only drug proved to treat the coronavirus — is due to run out at the end of June

The number of US COVID-19 patients requiring remdesivir outnumbers available stocks by two to one, …

Bill Bostock   


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2 mins read

Markets extend winning run for 4th day on F&O expiry, COVID drug trials

"The NSE Nifty 50 has posted its best monthly gain since April 2009, registering gains of over 14 …

PTI   


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2 mins read

Dow surges 500 points on optimism around US economic reopening plan

Positive results reported from Gilead's coronavirus treatment trials offered new optimism around an…

Ben Winck   


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3 mins read

US stocks waver as stimulus friction and rising virus cases overshadow vaccine hopes

The Fed and the Treasury are butting heads over more emergency stimulus, and markets are tepid as t…

Ben Winck   


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3 mins read

US stocks slide amid dispute over Fed funds and spiking COVID-19 cases

Treasury Secretary Steven Mnuchin urged the Fed to return funds set aside for emergency lending, do…

Ben Winck