European drugmakers Sanofi and GlaxoSmithKline will provide 200 million doses of their Covid-19 vaccine to the World Health Organization’s global immunization partnership Covax, which seeks to ensure coronavirus vaccines are distributed equitably across the world, the companies announced Wednesday. Global health organizations including the GAVI […]
Germany and France announced tough new restrictions on businesses Wednesday meant to curb the spread of the coronavirus as the countries respond to worsening outbreaks. German Chancellor Angela Merkel said Wednesday that the country will implement a four-week shutdown of restaurants, bars, cinemas, theaters and […]
Boeing posted a fourth consecutive quarterly loss, but the third-quarter results came in better than Wall Street estimates. Chicago-based Boeing swung to a net loss of $466 million in the third quarter from a profit of $1.2 billion a year earlier. That was on sales […]
White House coronavirus advisor Dr. Anthony Fauci said Wednesday that the United States is in a “bad position” as coronavirus cases and hospitalizations surge in many parts of the nation. Fauci said the U.S. never got its Covid-19 cases down to low enough levels after […]
Gilead Sciences reported stronger-than-expected third-quarter earnings on Wednesday with revenue rising 17% from a year earlier, driven by sales of coronavirus treatment remdesivir. Gilead’s antiviral drug remdesivir, under the brand name Veklury, last week became the first and only treatment granted full approval by the […]
In October, the company submitted a request to the FDA for emergency authorization of its drug for people with mild to moderate Covid-19. If authorization is granted, the U.S. government has committed that patients will have no out-of-pocket costs for the medicine, although health-care facilities […]
Dr. Scott Gottlieb told CNBC on Wednesday that the United States’ latest surge in coronavirus cases has the country following the path of Europe, where intensifying outbreaks has nations such as Germany weighing partial lockdowns. “We’re about maybe three weeks behind Europe. Maybe a month at the […]
Boeing, which is already shedding 16,000 jobs, said Wednesday it will cut thousands more through the end of next year as the coronavirus pandemic drives down demand for aircraft and travel. Boeing’s third-quarter results, which were better than Wall Street estimates, show the company’s struggles […]
LONDON — The World Health Organization has welcomed updates from developers scrambling to deliver a safe and effective Covid-19 vaccine, but cautioned it is still “going to take time” before one is widely available. It comes shortly after AstraZeneca said its vaccine candidate against the coronavirus […]
His comments come days after White House chief of staff Mark Meadows said Sunday that the U.S. is not going to contain the pandemic. “We’re not going to control the pandemic,” Meadows told CNN. “We are going to control the fact that we get vaccines, therapeutics and other […]
