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CNBC: Amazon AWS launches $20 million initiative to help fight the coronavirus
Category: Business News
Amazon AWS announced Friday it’s setting aside an initial $20 million to help accelerate research and development of diagnostic solutions. That includes, but won’t be limited to, helping push forward a more accurate, faster coronavirus COVID-19 test. “One area where we have heard an urgent need is in the research and development of diagnostics, which consist of rapid, […]
Source: CNBC
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Press Release: Federal Reserve announces the establishment of temporary U.S. dollar liquidity arrangements with other central banks
Category: Business News
The Federal Reserve on Thursday announced the establishment of temporary U.S. dollar liquidity arrangements (swap lines) with the Reserve Bank of Australia, the Banco Central do Brasil, the Danmarks Nationalbank (Denmark), the Bank of Korea, the Banco de Mexico, the Norges Bank (Norway), the Reserve Bank of New Zealand, the Monetary Authority of Singapore, and […]
Source: The Federal Reserve
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Press Release: Roche initiates Phase III clinical trial of Actemra/RoActemra in hospitalised patients with severe COVID-19 pneumonia
Category: Business News
Basel, 19 March 2020- Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced we are working with the Food & Drug Administration (FDA) to initiate a randomised, double-blind, placebo-controlled Phase III clinical trial in collaboration with the Biomedical Advanced Research and Development Authority (BARDA), a part of the US Health and Human Services Office of the […]
Source: Roche
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CNBC: Thermo Fisher ships coronavirus tests, aims to produce 5 million tests a week by April
Category: Business News
The first batch of government-authorized coronavirus tests from Thermo Fisher Scientific have shipped off and the “dramatic ramp up” in production has begun, CEO Marc Casper told CNBC Monday. “We have already about 1.5 million tests in stock. We began shipping them yesterday and today,” Casper said in a “Mad Money” interview with Jim Cramer. “But we’re ramping […]
Source: CNBC
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CNBC: Eli Lilly CEO aims to start testing coronavirus cure ‘this summer’
Category: Business News
Eli Lilly CEO David Ricks told CNBC on Friday that his company aims to start testing a treatment for the globally spreading coronavirus in the coming months. The pharmaceutical giant on Thursday announced that it has teamed up with the privately held AbCellera Biologics to co-develop a medicine for COVID-19, the disease caused by the virus […]
Source: CNBC
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