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dc CB  02:01:36 GMT - 04/17/2020  
Hope denied.

After a one-two punch of disappointing news for Gilead out of China, where as we reported yesterday a trial of remdesivir in Covid-19 patients with mild or moderate symptoms was suspended as no eligible patients could be recruited according to an update on ClinicalTrials.gov, which in turn followed a trial of the drug in severely ill Covid-19 patients which was also terminated for similar reasons, it felt like one or more hedge funds would seek to manipulate public sentiment - and the market - and get out of an underwater position.

They did just that at 430pm today when the low profile Statnews published a report by Adam Feuerstein, best known for doing the bidding of one or more hedge fund clients, according to which a "Chicago hospital treating severe Covid-19 patients with Gilead Sciences’ antiviral medicine remdesivir in a closely watched clinical trial is seeing rapid recoveries in fever and respiratory symptoms, with nearly all patients discharged in less than a week, STAT has learned."

"Learned" from whom? A hedge fund or two who were long GILD and needed a fake news catalyst to get out? Because last time we checked, double blind, secret drug trials are, er... secret.

ZH



Mtl JP  01:52:55 GMT - 04/17/2020  
almost all headlines now include "hope" in reference to gilead


Mtl JP  01:33:57 GMT - 04/17/2020  
Sometimes I get a kick from sequential headlines. ex.:

09:19 Cantor Fitzgerald to lay off hundreds due to coronavirus-related downturn: report
08:44 Dow futures surge more than 700 points amid hope of coronavirus treatment
- MarketWatch


Mtl JP  01:17:10 GMT - 04/17/2020  
 
lets see how asia digests "cold water"


dc CB  01:14:59 GMT - 04/17/2020  
Gilead Pours Cold Water On Report That Sent Market Soaring: "Anecdotal Reports With No Statistical Power"


Mtl JP  01:11:20 GMT - 04/17/2020  
kashcari mouthing off on fox about merits of staged re-opening


Mtl JP  01:11:08 GMT - 04/17/2020  
kashcari mouthing off on fox about merits of staged re-opening


dc CB  23:48:29 GMT - 04/16/2020  
the ReOpening.
as ZH noted: Many New York City and Washington DC-based journalists might be surprised to learn that a large swath of the country hasn't reported a single new case in a week.

The 'fly over' states, the west, Montana, N and So Dakota...states away from the coasts,the non-liberal states will be the first to Open for Bidness.

Trump mentioned 29 but did not name them.

Funny thing is that in March, when Trump said he'd wait until April 15 to see how it was going...he way ripped by The Press as putting The Stock market ahead of 'peoples' lives.

Well, it's April 16, a single day off from his originl proposal.

Boy if the Gilead drug proves out...that's going to put in Big Dent in all those Vax and Track Stasi plans from the likes of Bill Gates.


dc CB  23:33:57 GMT - 04/16/2020  
The University of Chicago Medicine recruited 125 people with Covid-19 into Gilead’s two Phase 3 clinical trials. Of those people, 113 had severe disease. All the patients have been treated with daily infusions of remdesivir.

“The best news is that most of our patients have already been discharged, which is great. We’ve only had two patients perish,” said Kathleen Mullane, the University of Chicago infectious disease specialist overseeing the remdesivir studies for the hospital.

Her comments were made this week during a video discussion about the trial results with other University of Chicago faculty members. The discussion was recorded and STAT obtained a copy of the video.

“It’s always hard,” she said, because the severe trial doesn’t include a placebo group for comparison. “But certainly when we start [the] drug, we see fever curves falling,” she said. “Fever is now not a requirement for people to go on trial, we do see when patients do come in with high fevers, they do [reduce] quite quickly. We have seen people come off ventilators a day after starting therapy. So, in that realm, overall our patients have done very well.”

She added: “Most of our patients are severe and most of them are leaving at six days, so that tells us duration of therapy doesn’t have to be 10 days. We have very few that went out to 10 days, maybe three,” she said.

the Gilead erly data 'leak" hit about 4:15 PM



Israel  MacroMicro  22:48:21 GMT - 04/16/2020  
the beauty is how giving away human privacy become part of the corona drug. anyway :)


GVI Forex 22:35:36 GMT - 04/16/2020  
Dow futures rip 700 points higher amid report Gilead drug showing effectiveness treating coronavirus


GVI Forex 22:05:02 GMT - 04/16/2020  
Stocks Climb on Reopening Plan Amid Big Tech Rally: Markets

Nasdaq 100 erases 2020 losses amid surge in megacap shares

Trump reopening guidelines call for ‘downward trajectory’

Bloomberg






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