Market Edge: Marikina Rep. Stella Quimbo said Thursday the proposed P83 billion COVID-19 vaccine budget for 2021 in the Senate is “not enough”, and “at least P140 billion” is needed next year to achieve herd immunity. To watch more breaking…
Ronny Gal, Bernstein senior analyst, joins ‘Closing Bell’ to discuss the timeline for when the U.S. could reach herd immunity on Covid-19 once there is a readily available vaccine. He also talks about the vaccine’s impact on markets. For access…
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Pharmaceutical giant Merck said it plans to acquire privately-held OncoImmune for $425 million in cash, gaining rights to an under-the-radar drug that’s shown striking results in hospitalized patients with Covid-19. Dr. Yang Liu, founder, CEO and chief scientific officer of…
Covid antibodies ‘last at least six months’ Coronavirus antibodies last at least six months and offer protection against a second infection, a study of healthcare workers suggests. Staff at Oxford University Hospitals were regularly tested both for Covid-19 infections and…
The U.S. Food and Drug Administration on Thursday approved the emergency use of Eli Lilly’s arthritis drug baricitinib, in combination with Gilead Sciences’ remdesivir, to treat Covid-19 patients. On Thursday, a WHO panel advised doctors against using remdesivir as a…
