In a statement Gilead Sciences Inc, the maker of the closely-watched experimental coronavirus drug remdesivir stated, it will continue to work with international partners to expand the production of its potential COVID-19 treatment. Gilead said, it expects to have more than one million remdesivir treatment courses manufactured by December, “with plans to be able to…
Although U.S. President Donald Trump’s suggestion that inserting ultraviolet light into coronavirus patients was widely laughed off, Dimer UCV Innovations, a California company thinks it’s a perfect solution for decontaminating airplanes. Dimer UCV Innovations had created a UV-C-emitting cleaning machine for the airline industry way back in 2014. Its only now with the coronavirus pandemic…
On Tuesday, Nissan Motor Co stated, it would temporarily shutter its operations, including its global headquarter and other facilities in Japan, through early May. The step is aimed at containing the spread of the coronavirus at its facilities. Nissan Motor said, it would reduce its operations to minimum level at its head office in Yokohama…
Shares of Gilead Sciences Inc’s shares jumped by 16% following news reports that its experimental drug remdesivir is proving to be effective in U.S. trials of patients who have been severely afflicted by the COVID-19 disease caused by the coronavirus. According to a report from medical news website STAT, a University of Chicago hospital participating…
According to a senior cybersecurity official with the Federal Bureau of Investigation, foreign government hackers have managed to break into companies which are conducting research into treatments for COVID-19 – the respiratory illness caused by the coronavirus. During an online panel discussion hosted by the Aspen Institute, FBI Deputy Assistant Director Tonya Ugoretz disclosed to…
According to data from auto consultancy firm LMC Automotive, Tesla Inc’s China car registrations have shot up by 450% in March to touch 12,709 units in March, up from 2,314 in February. This is in contrast to the overall auto sales in China which has plunged by 43.4% in March, with the coronavirus pandemic continuing…
Authorities in northern Vietnam have ordered people the employees of Samsung Display to be quarantined following a worker testing positive for the coronavirus. According to a statement released on Monday, a 25-year-old worker of the EQC-SI unit of Samsung Display factory in Bac Ninh province tested positive on Sunday. Confirming the case, Samsung Electronics Co…
In a notice sent to customers by Italy’s state-owned bank Monte dei Paschi, hackers have managed to access the mailboxes of some employees, with the bank informing clients in the notice that on March 30 some messages with voice mail attachments had been sent as a result of the cyber attack. Incidentally, the notice did…
On Wednesday, Taiwanese electronics manufacturing giant Foxconn stated, it will partner with U.S. firm Medtronic Plc to manufacture ventilators to help patients afflicted by the Wuhan coronavirus outbreak. Formally known as Hon Hai Precision Industry Co Ltd, Foxconn is best known for assembling Apple’s iPhones at factories in China. Foxconn’s statement, released through the company’s…
On Tuesday, in a statement the Ifo institute said, German industrial output is likely to touch a new low in the coming three months, even as its index for production expectations saw its biggest drop since the survey was first conducted in 1991. In March, the index dropped to -20.8 points from 2.0. “We are…
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