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IPFS News Link • Drugs and Medications

Trump Details Newly Approved Covid-19 Therapies, Widens Access To Experimental Drugs

• https://www.zerohedge.com, by Tyler Durden

TRUMP SUPPORTS U.S. TAKING EQUITY STAKES IN COMPANIES IT AIDS
TRUMP SAYS JAPAN'S ABE HASN'T YET MADE DECISION ON OLYMPICS
TRUMP SAYS LOW OIL PRICES DEVASTATING TO RUSSIA

Update (1215ET): An FDA spokesperson has just contradicted the president's claim that the agency had approved a malaria medicine for the treatment of Covid-19. According to the spokesman, who was speaking to a reporter via phone, no approval has been given.

Update (1210ET): President trump confirmed he was open to the virus bailouts being predicated on restrictions from the companies receiving them including no bonuses, no buybacks, and an equity stake:

*TRUMP SAYS HE'S FINE WITH AID CONDITIONS ON BUYBACKS, BONUSES
*TRUMP: DON'T WANT VIRUS AID TO GO TO STOCK BUYBACKS, BONUSES
*TRUMP: DON'T WANT TO PICK WINNERS AND LOSERS IN VIRUS RELIEF
*TRUMP SUPPORTS U.S. TAKING EQUITY STAKES IN COMPANIES IT AIDS

Update (1150ET): As expected, President Trump said Thursday that several new medications have been approved by the FDA for immediate treatment due to the exceptional circumstances. The drugs approved have been used for other reasons, but weren't approved for use against the coronavirus.


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