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- The World Health Organization (WHO) is set to start trials of three anti-inflammatory drugs to contain the spread of coronavirus to see if they can improve the condition of hospitalized COVID-19 patients.
- "We already have many tools to prevent, test for, and treat COVID-19, including oxygen, dexamethasone, and IL-6 blockers. But we need more, for patients at all ends of the clinical spectrum, from mild to severe disease," said WHO director-general Tedros Adhanom Ghebreyesus.
- The study dubbed, Solidarity PLUS trial, will assess Ipca Laboratories Limited's Artesunate, Novartis AG's NVS imatinib, and Johnson & Johnson's JNJ infliximab as potential COVID-19 treatment.
- The drugs will be tested on more than 600 hospitalized patients in 52 countries.
- Artesunate is used to treat severe malaria, imatinib helps cure certain cancers, and infliximab is used to treat immune system disorders such as Crohn's and rheumatoid arthritis.
- Price Action: JNJ shares are up 0.12% at $173.98, NVS stock is up 0.43% at $92.67 during the market session on the last check Wednesday.
- Photo by Thomas Breher from Pixabay
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JNJJohnson & Johnson
$167.85-0.27%
Edge Rankings
Momentum
64.58
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37.89
Quality
18.86
Value
24.83
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