Trump directs FDA to examine whether malaria drug can be used for coronavirus – CNBC

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That money would be divided into two large tranches, each providing $1,000 per person and $500 per child – meaning a family of four would get $3,000, Mnuchin said in a Fox Business Network interview.

“As soon as Congress passes this, we get this out in three weeks. And then, six weeks later, if the president still has a national emergency, we’ll deliver another $3,000,” Mnuchin said.

The Trump administration has also asked Congress for an additional $45.8 billion to cover “unanticipated” costs incurred by agencies responding to the crisis.

Hahn, the head of one of those agencies, said at the White House that the FDA is “committed to continuing to provide regulatory flexibility and guidance.”

“We’re looking at everything that’s coming across our desks as possible treatment options,” Hahn said.

Some health authorities in the U.S. and China have been using Gilead Sciences‘ antiviral medication Remdesivir, which was tested as a possible treatment for the Ebola outbreak, in hopes that the drug can reduce the duration of the virus in patients. Antiviral drug Kaletra, developed by drugmaker AbbVie, has also been used by some authorities through so-called compassionate use programs.

The coronavirus, which is believed to have originated in the Chinese city of Wuhan, has rapidly spread around the world, infecting more than 219,000 people and killing at least 8,900, data from Johns Hopkins University shows. U.S. cases rose above 10,000 as of Thursday.

Source Article from https://www.cnbc.com/2020/03/19/coronavirus-treatment-trump-directs-fda-to-examine-whether-malaria-drug-can-be-used.html

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