Free Trial

Trump Set To Make Moves Re: COVID-19 Treatment

MARKET TALK

BBG sources have noted that U.S. President Trump's address, scheduled for the bottom of the hour, will see the announcement of a new "coronavirus treatment involving blood plasma donated by people who've recovered from the disease has received an emergency use authorization from U.S. regulators."• Do remember that the effectiveness of such treatment has been questioned throughout the broader scientific community with little in the way of unanimity re: the matter apparent. • Separately, the FT has reported that "the Trump administration is considering bypassing normal US regulatory standards to fast-track an experimental coronavirus vaccine from the UK for use in America ahead of the presidential election, according to three people briefed on the plan. One option being explored to speed up the availability of a vaccine would involve the US Food and Drug Administration awarding "emergency use authorisation" (EUA) in October to a vaccine being developed in a partnership between AstraZeneca and Oxford university, based on the results from a relatively small UK study if it is successful, the people said."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.