Trump says he would support gov't taking stake in certain companies

Trump says he would support gov't taking stake in certain companies

This year's summit had been scheduled to take at the presidential retreat in Maryland in June.

While addressing reporters on Thursday, March 19, 2020, Trump said, the United States of America will make the drug available immediately.

During the task force briefing at the White House Friday, the president described a drug called chloroquin, which has always been used as a treatment for malaria, as a possible treatment for coronavirus. It's also a drug used for strong arthritis.

"We have to remove every barrier", Trump said.

This is known as "compassionate use".

Off-label use includes using a drug for a disease or medical condition that it's not approved to treat.

"In the short term, we're looking at drugs that are already approved for other indications", Hahn said.

"You know, we're not a shipping clerk", Trump said. "It is key because if the drug works, [it] may be available for a lot more people".

MGH has joined what the National Institutes of Health describes as the country's first clinical trial of an experimental treatment for COVID-19, sponsored by the National Institute of Allergy and Infectious Diseases, part of the NIH. Per Xinhua, a Chinese state news agency, there was a February 17 report that "Chinese experts, based on the result of clinical trials, have confirmed that chloroquine phosphate...has a certain curative effect on the novel coronavirus".

Gilead's remdesivir was originally developed for use against the Ebola virus. Remdesivir has demonstrated in vitro and in vivo activity in animal models against the viral pathogens MERS and SARS, which are also coronaviruses and are structurally similar to COVID-19.

Small studies indicate that chloroquine and various variants help fight COVID-19.

"FDA's responsibility to the American people is to ensure products are safe and effective", said Hahn.

Trump has called for rules to be relaxed and government authority to be expanded to respond to the coronavirus outbreak, which has resulted in more than 200,000 confirmed cases and at least 9,000 deaths around the globe.

Gupta added that "the scientific community is always at that inflection point of hope and honesty, but we have to be honest here - we just don't know enough and I don't want people to get a false hope here".

Taking stakes in companies is not without precedent in times of crisis.

It said with the raw materials on hand it can make 50 million tablets to potentially treat more than 1.5 million patients. The study, which was conducted by Didier Raoult M.D/Ph.D, et.al in France showed that 100% of patients that received a combination of HCQ and Azithromycin tested negative and were virologically cured within 6 days of treatment. While Health is trying to keep our stories as up-to-date as possible, we also encourage readers to stay informed on news and recommendations for their own communities by using the CDC, WHO, and their local public health department as resources. He said chloroquine would have to be tested in "a large pragmatic clinical trial to actually gather that information".

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