Coronavirus live updates: Cuomo calls NY situation ‘unsustainable’, Sanofi says it can mass produce vaccine, if it works
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.
- Global cases: More than 2,204,500
- Global deaths: At least 149,024
- US cases: More than 679,300
- US deaths: At least 33,898
The data above was compiled by Johns Hopkins University.
2:15 pm: Biotech stocks surge as people are ‘hungry’ for good news on the coronavirus
Biotech stocks surged after new details on a closely watched clinical trial lifted hopes that scientists may be close to a treatment for the coronavirus.
The IBB, an ETF that tracks biotech’s biggest players, was up more than 3% after health-care publication STAT News revealed early impressions from one of Gilead Sciences‘ clinical trials for antiviral drug remdesivir. The University of Chicago found that patients with Covid-19 had “rapid recoveries in fever and respiratory …continued .
[Source: CNBC News]