BBC: Coronavirus: US buys nearly all of Gilead's Covid-19 drug remdesivir
The US is buying nearly all the next three months' projected production of Covid-19 treatment remdesivir from US manufacturer Gilead.
The US health department announced on Tuesday it had agreed to buy 500,000 doses for use in American hospitals.
Tests suggest remdesivir cuts recovery times, though it is not yet clear if it improves survival rates.
Gilead did sign a licensing deal in May for production outside the US but it is still in its early stages.
"President Trump has struck an amazing deal to ensure Americans have access to the first authorised therapeutic for Covid-19," Department of Health and Human Services Secretary Alex Azar said in a statement.
A course of treatment in the US will cost $2,340 (£1,900).
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WNU Editor: The world is shocked that the U.S. has bought the world's supply of Remdesivir. LOL. I am not.
More News On The U.S. Buying Up The World's Supply Of The Drug Remdesivir
Covid-19: US buys up virtually all stocks of anti-viral drug remdesivir -- PA Media
US gets almost all of the world's supply of key Covid-19 drug -- CNN
World takes stock of COVID-19 drug remdesivir after U.S. snaps up supplies -- Reuters
US buys nearly all global stock of coronavirus drug remdesivir -- NYPost
Remdesivir: EU negotiating with manufacturer of COVID-19 drug after US buys up world stock -- Euronews
