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Some parts of the U.S. are 'on the cusp of losing control' of coronavirus, Dr. Scott Gottlieb says

Some parts of the U.S. are 'on the cusp of losing control' of coronavirus, Dr. Scott Gottlieb says

Key PointsScott Gottlieb: I'm more concerned about Covid-19 spread heading into the fallAs new coronavirus cases surge in several states across the American South and West, the hardest-hit areas are now "on the cusp of losing control," former Food and Drug Administration Commissioner told CNBC on Thursday.  The continues to infect about 20,000 people in the U.S. every day, though that national figure masks what's occurring locally as the virus is driven down in cities like New York that were first hit and finds new communities to infect."The question is 'can we keep this from...

June 18, 2020
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Gilead's coronavirus treatment remdesivir to cost $3,120 per U.S. patient with private insurance

Gilead's coronavirus treatment remdesivir to cost $3,120 per U.S. patient with private insurance

Key PointsGilead CEO Daniel O'Day on remdesivir pricing and ensuring access to treatment announced Monday the much-anticipated pricing for its treatment remdesivir, saying it will cost hospitals $3,120 for a typical U.S. patient with commercial insurance.The company announced its pricing plans in preparation for it to begin charging for the antiviral drug in July. The company has been donating doses to the U.S. government for distribution since it .  it will sell remdesivir for $390 per vial to governments "of developed countries" around the world, and the price for U.S. private...

June 29, 2020
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Coronavirus vaccine will be made free for Americans who can't afford it, U.S. officials say

Coronavirus vaccine will be made free for Americans who can't afford it, U.S. officials say

Key PointsThe coronavirus vaccine will be provided free of charge to Americans who can't afford it, the Trump administration announced Tuesday.Any American who is "vulnerable, who cannot afford the vaccine and desires the vaccine, we will provide it for free," a senior administration official told reporters during a press briefing Tuesday morning. The administration is also working with insurers, the official said. Some commercial insurers have expressed "eagerness" to cover the vaccine without a co-pay, the official said, adding most are already covering coronavirus-related...

June 16, 2020
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WHO warns some countries may have to reinstate lockdowns as coronavirus pandemic accelerates

WHO warns some countries may have to reinstate lockdowns as coronavirus pandemic accelerates

Key PointsWHO: Some countries may have to reinstate lockdowns as coronavirus pandemic acceleratesSome countries with rapidly spreading outbreaks might have to reinstate lockdowns and other restrictions to curb the spread of the virus, a top World Health Organization official said Wednesday.Countries like Spain and Italy successfully drove back severe outbreaks with a comprehensive public health strategy that mobilized the public, said WHO Director-General Tedros Adhanom Ghebreyesus. However, some countries have struggled to contain the virus and many still don't have the best...

July 1, 2020
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Asymptomatic spread of coronavirus is 'very rare,' WHO says

Asymptomatic spread of coronavirus is 'very rare,' WHO says

Key PointsWHO rushes to clarify comments on asymptomatic coronavirus transmissionWorld Health Organization officials on Tuesday walked back the comments below that were made on Monday after drawing criticism from epidemiologists across the world. Dr. Maria Van Kerkhove, head of the WHO's emerging diseases and zoonosis unit, said Tuesday that asymptomatic spread is a "really complex question" and much is still unknown. "We don't actually have that answer yet," she said. "I was responding to a question at the press conference. I wasn't stating a policy of WHO or anything like...

June 8, 2020
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Coronavirus vaccine will be made free for Americans who can't afford it, U.S. officials say

Coronavirus vaccine will be made free for Americans who can't afford it, U.S. officials say

Business News and FinanceVIEW IN APPKEY POINTS The coronavirus vaccine will be provided free of charge to Americans who can't afford it, the Trump administration announced Tuesday.Any American who is "vulnerable, who cannot afford the vaccine and desires the vaccine, we will provide it for free," a senior administration official told reporters during a press briefing Tuesday morning. The administration is also working with insurers, the official said. Some commercial insurers have expressed "eagerness" to cover the vaccine without a co-pay, the official said, adding most are...

June 16, 2020
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Here are the 8 states that trigger coronavirus quarantines for travelers going to New York

Here are the 8 states that trigger coronavirus quarantines for travelers going to New York

Key PointsNew York, New Jersey and Connecticut to quarantine travelers from hotspotsAs coronavirus outbreaks surge in several states across the country, public officials in the New York tri-state region — once the epicenter of the U.S. outbreak — are now  The virus hit the tri-state region hard in March and April, when New York state was reporting around 10,000 new cases every day. At the peak of the outbreak in the northeast, Florida, Texas and other states issued mandatory quarantine orders for anyone traveling from New York, New Jersey and Connecticut in an attempt to...

June 24, 2020
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Moderna shares jump after U.S. ups funding for coronavirus vaccine by $472 million

Moderna shares jump after U.S. ups funding for coronavirus vaccine by $472 million

Key PointsModerna CEO Stephane Bancel on kick off of phase three Covid-19 vaccine trial shares rose nearly 6% on Monday after the biotech company announced it received an additional $472 million from the The additional funding from the Biomedical Advanced Research and Development Authority will support Moderna's late-stage development of its vaccine including the phase three study, which begins Monday and will include at least 30,000 participants. Moderna from the federal agency in April. a day agoThere are no FDA-approved drugs or vaccines for the coronavirus, which has infected...

July 27, 2020
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GOP Sen. Marco Rubio blames 'bad disconnect' with Trump administration for reported remdesivir shortage

GOP Sen. Marco Rubio blames 'bad disconnect' with Trump administration for reported remdesivir shortage

Key PointsRepublican Sen. Marco Rubio said Thursday that shortages of a coronavirus treatment being reported in Florida's hospitals are due to a "bad disconnect" with the Trump administration about his state's needs.Rubio, , said on that he's heard reports as recently as "late last night" that "several hospitals" in Florida have "low or no supplies" of remdesivir, an antiviral drug developed by .Shipments of the drug to Florida are coordinated by the federal government, Rubio tweeted, and "we have a bad disconnect between what they think we need & what we really need."In the past...

July 16, 2020
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The coronavirus may have mutated to become more infectious, Dr. Anthony Fauci says

The coronavirus may have mutated to become more infectious, Dr. Anthony Fauci says

Key PointsThe coronavirus has mutated in a way that might help the pathogen spread more easily, White House health advisor Dr. Anthony Fauci said Thursday.Research is underway to confirm the possible mutation and its implications, Fauci said, adding that "there's a little dispute about it." Viruses naturally mutate and scientists have previously said they have observed minor mutations in the coronavirus that have not impacted its ability to spread or cause disease in any significant way. The possible mutation that Fauci cited was  on by investigators at Los Alamos National...

July 2, 2020
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