AstraZeneca has secured support from the U.S. government to advance the development of antibody-based COVID-19 treatments as the British drugmaker ramps up efforts beyond its potential vaccine to combat the global health crisis.
FILE PHOTO: The company logo for pharmaceutical company AstraZeneca is displayed on a screen on the floor at the New York Stock Exchange in New York, U.S., April 8, 2019. REUTERS/Brendan McDermid
The company said on Tuesday it had signed a second set of deals with authorities in the United states backing its development of a monoclonal antibody treatment against the coronavirus. Companies and governments are scrambling to bring a solution for the illness caused by the new coronavirus to market as soon as possible, and many in the medical community believe antibody-based therapies hold great potential.
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