EU says it has agreed to pay $74 million to US drugmaker Gilead to address "just immediate needs," and is working to secure new doses from October.
Mike Ryan, head of the WHO's emergencies programme, said it would be unwise to predict when a vaccine could be ready against Covid-19, the respiratory disease that has killed more than half a million people.
Novel coronavirus has infected more than 10.6 million people around the world, killing at least 515,000 people. Here are updates for July 1:
Germany says it is banking on developer Gilead Sciences to meet future needs and South Korea plans for an August purchase of the coronavirus treatment. Earlier the US said it had tied up nearly all of the drug's supply over the next three months.
“We’re in uncharted territory with pricing a new medicine, a novel medicine, in a pandemic,” Gilead’s chief executive, Dan O’Day has said.
European Medicines Agency said that remdesivir is now the first medicine for Covid-19 to be recommended for authorisation in the EU.
Remdesivir, a drug developed by Gilead Sciences, has grabbed attention as one of the most promising treatments for Covid-19, the respiratory disease caused by the novel coronavirus, which has killed more than 250,000 people.
The number of global coronavirus deaths has surpassed 237,000 with more than 3.3 million infections. Here are updates for May 1, 2020.
During a meeting in the Oval Office with President Donald Trump, Gilead Chief Executive Daniel O'Day called the move an important first step and said the company was donating 1 million vials of the drug to help patients.
For the first time since the new disease was detected there in mid-February, South Korea reports zero new infections.
Partial data released from three different trials of the investigational treatment drug remdesivir is creating both excitement and some confusion.
Experimental drug has proved effective against the new coronavirus in a major study, shortening the time it takes for patients to recover by four days on average, US government and company officials say.
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