Trump announces FDA making anti-malaria drug available to test coronavirus treatment
Makes this drug) ***
“I have directed the FDA to eliminate rules and bureaucracy so work can proceed rapidly, quickly and fast,” Trump said. "We have to remove every barrier.”
FDA Commissioner Stephen Hahn explained during the press conference it would be allowed under what’s known “compassionate use” -- where doctors can request to use the experimental drug and get permission from the FDA to give to patients. Hahn also said he didn't want to give "false hope" but said he was hopeful about the treatments.
On chloroquine, Trump said it's shown "very, very encouraging early results. And we’re going to be able to make that drug available almost immediately.”
Addressing potential safety concerns, Trump noted that it had been used previously in treating malaria.
Time to plow your money that’s sitting in $AAPL