Rand Paul discloses 16 months late that his wife bought stock in company behind covid treatment - News Summed Up

Rand Paul discloses 16 months late that his wife bought stock in company behind covid treatment


The drug was initially invented as a hepatitis C drug a decade ago and tested for possible use against other infectious diseases, such as Ebola. Remdesivir gained emergency use authorization from the Food and Drug Administration in May of last year and was administered to then-President Donald Trump when he was sick with covid-19 in October, before it gained full approval. Results of a WHO-sponsored study released later that month raised doubts about the drug’s effectiveness, prompting the agency to reverse itself and recommend against its use as a treatment for covid-19. The drug brought in $2.8 billion for Gilead last year.


Source: Washington Post August 11, 2021 22:24 UTC



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