A vaccine will be too late for the current virus but the breakthrough will be crucial if there is another outbreak
LONDON (Reuters) – Oil prices jumped by more than 3% on Wednesday on reports that scientists have developed an effective drug against the fast-spreading coronavirus that has weighed heavily on global economic activity.
News that the Organization of the Petroleum Exporting Countries and its producer allies are considering further output cuts to counter a potential squeeze on global oil demand further supported that had collapsed by more than 20% since early January.
China’s Changjiang Daily, the official newspaper of the city of Wuhan where the virus outbreak began, reported on Tuesday that a team of researchers led by Zhejiang University professor Li Lanjuan have found that drugs Abidol and Darunavir can inhibit the virus in vitro cell experiments. Separately, Sky News reported that a British scientist has made a significant breakthrough in the race for a vaccine by reducing part of the normal development time from two to three years to only 14 days.
A vaccine will be too late for the current virus but the breakthrough will be crucial if there is another outbreak, Sky said
Nick Note: The jerk me off stage. Drug companies are not racing for a cure…. They are racing for a multi billion dollar contract to produce BULLSHIT for stupid ass politicians to show they are doing something……..and the even dumber (if Possible) gullible desperate panic stricken public.