Oct 6, 2020 - Economy

Companies behind Trump's COVID-19 drugs draw attention

Data: FactSet; Chart: Axios Visuals
Data: FactSet; Chart: Axios Visuals

President Trump's use of two prominent treatments for COVID-19 has sparked interest in the two companies behind the drugs remdesivir and REGN-COV2.

The state of play: Shares of Regeneron Pharmaceuticals, which makes REGN-COV2, and Gilead Sciences, maker of remdesivir, each rallied on Monday, but they have delivered very different returns for investors so far this year.

Disclaimer: Trump's recovery so far is not an endorsement for either product, as the president likely received a host of other treatments and had access to world-class facilities.

  • Randomized clinical trials on the drugs are ongoing.
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