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US FDA grants orphan drug designation for potential Covid-19 treatment Remdesivir

This will hasten use of the drug to combat coronavirus

  • OOPD provides incentives for sponsors to develop products for rare diseases
  • program enables the development and marketing of drugs, biologics, and medical devices for rare diseases
  • Orphan Drug Designation Program provides orphan status to drugs and biologics which are defined as those intended for the safe and effective treatment, diagnosis or prevention of rare diseases/disorders that affect fewer than 200,000 people in the U.S., or that affect more than 200,000 persons but are not expected to recover the costs of developing and marketing a treatment drug.
Remdesivir is a nucleotide prodrug that blocks a key enzyme needed for viral replication

British Airways suspends bookings of direct flights to China until March

In response to the coronavirus outbreak situation

The airline has halted bookings on its website for direct flights from London to Beijing and Shanghai until March, after warnings over travel to China.

They are still offering connecting flights though, with the layover being in Hong Kong (mostly) before passengers have to continue with a different airline.

Reuters tried to get in contact with BA on the matter, but a spokeswoman just said that they were “assessing the situation”.

If we do see more airlines and countries take more drastic measures, expect that to weigh further on the Chinese economy and in turn, the global economy to start the year.
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