Gilead,Moderna, and Novavax have all enjoyed massive gains after announcing potential coronavirus drugs, leading their executives, scientists, and early investors to rake in millions. The profits come as global markets tank on growing coronavirus concerns. Moderna has gained the most of the three since Friday’s close, jumping 60% after announcing […]
Biotech company Gilead soared as much as 6.9% Monday morning after a World Health Organisation official made a hopeful comment on its experimental coronavirus treatment. The drug developer’s remdesivir compound is the “one drug right now that we think may have efficacy,” Bruce Aylward, an assistant director-general at the WHO, […]