🚀 ProPicks AI Hits +34.9% Return!Read Now

EMA to review results from study testing common steroid drug against COVID-19

Published 24/07/2020, 13:44
GILD
-

(Reuters) - The European Medicines Agency (EMA) said on Friday it has started reviewing the results of a study by UK researchers evaluating the use of a widely known steroid called dexamethasone against the coronavirus.

Dexamethasone, commonly used against a range of inflammatory conditions, has been proven to decrease the risk of death in COVID-19 patients who were using oxygen or mechanical ventilation, according to results published last week in the New England Journal of Medicine.

The study, called RECOVERY, is being run by researchers at the University of Oxford and is supported in part by the National Institute for Health Research as well as  Bill and Melinda Gates Foundation.

The drug has since been approved in Japan as a second treatment of COVID-19 along with Gilead Sciences Inc 's (O:GILD) antiviral drug remdesivir.

The review of the study results is being carried out by EMA's Committee for Medicinal Products for Human Use (CHMP), which will issue a scientific opinion within the shortest possible timeframe, the agency said in a statement.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.