The drug is just the “first of several” expected medicines to treat COVID-19, SVB Leerink analyst Geoffrey Porges wrote to clients following Wednesday’s remdesivir data release. Based on the results, U.S. drug officials moved swiftly to grant the drug an emergency use authorization in hospitalized patients. But the nod wasn’t a “ringing endorsement” of the med’s efficacy, he wrote. While it cut patients’ recovery time by 31% in a controlled trial, it didn’t significantly decrease the risk of death.
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