U.S. to spend $3.2 billion on treatments for COVID-19 and other viral diseases

The United States is devoting more than $3 billion to speed development of treatments for COVID-19 and other diseases caused by dangerous viruses.

Monoclonal antibody treatment is now available to COVID-19 patients, but only about 30% of the delivered doses have been administered.Advertisement

The currently available drugs have mostly been shown to help patients avoid hospitalization or shorten their recovery time by several days. Under former President Trump, the U.S. poured more than $19 billion into rapidly developing multiple vaccines. But less than half that amount went toward developing new treatments.and experts emphasize the need to manage the disease among millions of Americans who may never get the shots.

Until this week, the only medicines shown to boost survival were steroids given to patients sick enough to need extra oxygen and intensive care. But on Wednesday, U.K. researchers reported that one of the antibody combinations successfully

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

latimes /  🏆 11. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden administration to invest $3 billion for Covid-19 antiviral medicinesThe Biden administration on Thursday announced it would invest more than $3 billion from the American Rescue Plan to accelerate the discovery, development and manufacturing of Covid-19 antiviral medicines -- ideally like a pill someone could easily take at home early in an illness.
Read more »

U.S. to spend $3 billion for COVID-19 antiviral pills, official saysThe pills, which would be used to minimize symptoms after infection, are in development and could begin arriving by year's end.
Read more »

Biden administration to invest $3.2B for Covid-19 antiviral pillsJUST IN: Biden admin. announces a $3.2B plan to build up the nation's supply of drugs that can be used to treat Covid-19 and other viral threats in an effort to better prepare for future pandemics.
Read more »

U.S. to Invest More Than $3 Billion in Covid-19 Antiviral DevelopmentThe oral antiviral medicines, which would be designed to be taken at home and treat early symptoms, are expected to arrive by year’s end.
Read more »

Biden Administration Unveils $3.2 Billion Hunt For Pill To Treat COVID-19, Other VirusesDr. Anthony Fauci said such pills could be 'powerful tools for battling the pandemic and saving lives.'
Read more »