EU executive signs remdesivir deal with Gilead

Published Wed, Jul 29, 2020 · 12:02 PM

    [BRUSSELS] The European Union's executive said on Wednesday it has signed a contract with Gilead for its Covid-19 medicine remdesivir that would cover 30,000 patients in the bloc from early August.

    "The Commission signed a contract with the pharmaceutical company Gilead for ensuring treatment doses of Veklury - the brand name for remdesivir. As of early August onwards, batches of this medicine Veklury will be made available to member states and the UK," a spokeswoman for the European Commission, Dana Spinant, told a regular news briefing.

    She said the contract was worth 63 million euros (S$101.7 million) and would provide treatment to 30,000 patients with severe Covid-19 symptoms.

    "This first batch will therefore address just immediate needs. At the same time, the Commission is [also now preparing joint procurement for further supplies of this medicine, which will cover additional needs from October onwards," she said.

    REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services