The fact that pharmaceutical companies around the world are working at full speed and in extra shifts on drugs to combat the coronavirus is giving hope to humanity. At the forefront of this race against the clock is the Swiss pharmaceutical industry. The pharmaceutical company Roche, for example, is developing a new test for the detection of corona antibodies and plans to launch it in May.
Roche announced that this test will now help to detect the corresponding antibodies in people who have had the coronavirus. The aim is to have the antibody test available by the beginning of May in countries that accept the European Union’s CE mark. At the same time, Roche is working with the US Food and Drug Administration (FDA) for emergency approval.
Read the latest business news in the biopharmaceutical sector and be the first to find out the breakthroughs with our companion app, Born2Invest.
The antibody test is an important step towards normality
Antibody tests play a key role in identifying exactly those people who may have been infected with the virus but who did not show symptoms.
In addition, a test is said to be able to support the prioritization of high-risk groups. These include, for example, health care or food supply workers who may already have developed some degree of immunity and who may be able to continue their service or return to work.
The antibody test is an important next step in the fight against the coronavirus pandemic. It would enable Roche’s antibody test to be produced quickly and in large quantities.
Ebola medicine helps with severe symptoms
According to a media report, a drug of the US pharmaceutical company Gilead Science showed success in the treatment of patients suffering from coronavirus. In a study conducted by the University Hospital in Chicago, the drug Remdesivir, originally developed to treat Ebola, led to a rapid reduction in fever and a decrease in the symptoms of lung disease.
As a result, almost all patients were discharged in less than a week, according to a report published on Thursday evening, April 16th, by the online medical news platform, Stat. The company’s shares increased by 16% after the US stock market closed.
Gilead dampens expectations
Gilead explained that the data still had to be analyzed in order to draw conclusions. In an email, the University Hospital pointed out that partial data from an ongoing study should not be used to derive results. Information from an internal forum for scientists had been published without permission.
The pharmaceutical company expects to be able to announce the first results from the ongoing phase 3 study at the end of this month. The university hospital in Chicago is one of 152 hospitals participating in the Gilead study with severely ill patients. According to the news platform Stat, 113 people were treated in Chicago as part of the study.
The managing director of Interpharma, René Buholzer explained in an interview that “There are two groups of hopefuls. On the one hand, drugs that inhibit the multiplication of viruses. Hydroxychloroquine, which is offered by Novartis and other companies, and Resochin by Bayer with the active ingredient chloroquine, both ancient malaria medications, are promising in this group. The second group are the so-called immunomodulators. So drugs that inhibit certain defense reflexes of the body because they do more harm than good. Actemra from Roche is one of the most promising candidates here. In addition, Novartis will shortly start a phase III study with this active ingredient after the first positive indications of the effectiveness of ruxolitinib.”
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in Blick, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
How the coronavirus pandemic helped setting records on the bond market
In 2020, the run on the bond market was great. A great thirst for cash met with decisive support from...
Is the course of Bitcoin striving for stability
What strikes right away are the four bearish candles right after the all time high at around $42,000. Only the...
Financing companies in Morocco: between questions and actions
The moratorium granted by leasing companies, at the end of June 2020, concerned $1,51 million (13.5 MMDH) out of a...
Feasibility studies are early indicators of upcoming government projects
The New Mexico Department of Transportation (NMDOT) is conducting an engineering and environmental study related to roadway improvements on a...
BNL launches the multi-banking service thanks to a partnership with Tink
Tink is one of Europe's leading open banking platforms that enables banks, fintech companies and startups to use data to...
Cannabis5 days ago
How the regulation of medical cannabis in Brazil has developed
Featured6 days ago
Bioplastics leader Novamont (NB Renaissance-Eni) buys Norway’s BioBag
Crowdfunding6 days ago
UFODrive wants to fund expansion through crowdfunding
Business6 days ago
Enginium (GI Group) buys Info Solution’s technology consulting business