Cure for Coronavirus: Are We There Yet?

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As of now, there is no cure for the deadly coronavirus that has spread fear all over the world since December 2019.

Many drug companies like Abbvie (ABBV) - Get Report, Johnson & Johnson (JNJ) - Get Report,  Moderna (MRNA) - Get Report, Novavax (NVAX) - Get Report ,etc. are exploring a potential treatment for this.

In the meantime, a new study showed that Gilead Sciences (GILD) - Get Report experimental drug, remdesivir, has successfully prevented the Middle East respiratory syndrome coronavirus (MERS-CoV) disease in monkeys.

The results, which appeared in the Proceedings of the National Academy of Sciences, also found that remdesivir also reduced the severity of symptoms in monkeys infected by MERS-CoV.

MERS-CoV is closely related to the deadly 2019 novel coronavirus (2019-nCoV), which is why researchers are hopeful that this might lead somewhere.

But it's also worth-noting that the remdesivir had been found to effectively treat monkeys infected with Ebola virus, but not with humans.

The new coronavirus, has killed at least 2,000 people and infected more than 70,000 worldwide.

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