• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
HealthCoronavirus

Gilead’s remdesivir won’t be a COVID-19 miracle cure, but it’s still an important first step

By
Sy Mukherjee
Sy Mukherjee
Down Arrow Button Icon
By
Sy Mukherjee
Sy Mukherjee
Down Arrow Button Icon
April 30, 2020, 2:00 PM ET
Add Fortune on Google for similar content.

Subscribe to Outbreak, a daily roundup of stories on the coronavirus pandemic and its impact on global business, delivered free to your inbox.

Remdesivir, the experimental coronavirus treatment from biotech giant Gilead, is steadily marching toward a Food and Drug Administration (FDA) approval.

A cascade of events in the past several days appear to ensure that the treatment will gain rapid regulatory approval, though the exact date is still unknown. Stock markets spiked on news from a pair of ongoing studies showing remdesivir’s efficacy against COVID-19, one being conducted by the federal government and another late-stage trial by Gilead.

That underscores the widespread hunger for something, anything, that may help us tame this pandemic. But it’s important to balance hope with the hard facts of the situation. Remdesivir, based on the data we’re now learning about, could very well be an effective treatment. But it’s unlikely to be a miracle cure, and its use will likely be limited at first to patients with the most severe COVID-19 cases.

This isn’t a knock on remdesivir. Reducing the burden on hospitals overwhelmed with coronavirus patients is critical. That can open up critical financial and medical resources for health care providers feeling the crunch.

“[Remdesivir is] the first step in what we project will be better and better drugs coming along,” said Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases (NIAID), which conducted one of the remdesivir trials, during an appearance on NBC’s Today show on Thursday. “It’s good news, but I was very serious when I said this is not the total answer, by any means, but it’s a very important first step.”

A combination of aggressive moves by states hard hit by the pandemic and social distancing measures that have, in some regions, begun to flatten the infection curve has helped prevent a true doomsday scenario for hospital capacity. But that doesn’t mean the nation’s health care providers are out of the woods—especially if a second wave of coronavirus infections flares up in the fall and winter in conjunction with flu season, according to Fauci, who has also called a second wave “inevitable” in the U.S.

“If by that time we have put into place all of the countermeasures that you need to address this, we should do reasonably well,” he told CNN on Wednesday. “If we don’t do that successfully, we could be in for a bad fall and a bad winter.”

There are a few reasons why remdesivir won’t automatically flip the switch on the spread of the coronavirus. For one thing, it’s being tested on “the most severe manifestations” of COVID-19 in multiple trials, according to both Gilead and the NIAID, an arm of the National Institutes of Health (NIH). Barring further data from different patient populations, it’s difficult to tell if remdesivir would be effective in earlier stages of the disease.

But the good news is that the NIAID study is a fairly rigorous one—it’s a randomized trial that pits remdesivir against a placebo, which presents stronger evidence of the drug’s efficacy. “Preliminary results indicate that patients who received remdesivir had a 31% faster time to recovery than those who received placebo,” wrote the agency.

The other late-stage trial touted by Gilead suggests that a five-day course of remdesivir treatment—which is administered intravenously—was just as effective, if not more so, in helping patients get discharged from the hospital as a 10-day course of treatment. More than half of patients receiving the pair of dosing regimens were discharged.

This is particularly important since expanding hospital bed capacity and opening up the number of ventilators available for seriously ill COVID-19 patients is critical to cutting the strain on the health system. A single day of hospital ventilation can cost $25,000 to the health system, says SVB Leerink analyst Geoff Porges.

Opening up hospitals’ financial and operational capacity is critical in the short term. But ultimately easing social distancing measures and returning to something approaching normal will require more drug and vaccine development, a better understanding of coronavirus immunity for those who have recovered, and continued vigilance.

More coronavirus coverage from Fortune:

—What the law says about forcing employees back to the office
—The next round of stimulus checks goes out this week. What you should know
—Five weeks off and nowhere to go: How coronavirus sabotaged the European vacation
—Unemployment claims are taking some states weeks to process. What to know
—Scammers made 150,000 fake stimulus check websites. How to protect yourself
—Mike Schur talks Parks and Rec coronavirus episode and why remote TV production isn’t the future
—The coronavirus pandemic is impacting critical research into neuromuscular diseases
—PODCAST: How 2 CEOs outside of health care decided to pivot to fight COVID-19
—WATCH: Fortune’s top 10 heroes of the coronavirus pandemic

Subscribe to Outbreak, a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business. It’s free to get it in your inbox.

About the Author
By Sy Mukherjee
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Health

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Health

Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
Commentaryaging
Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
By Runchana Pongsaparn and Koon Hui TeeJuly 31, 2026
14 hours ago
Polar Monkeys Cold Plunge Review (2026): What Our Testing Team Thought
HealthFitness
Polar Monkeys Cold Plunge Review (2026): What Our Testing Team Thought
By Christina SnyderJuly 31, 2026
14 hours ago
chad
Arts & EntertainmentLaw
The Black Panther’s tragic coda: Chadwick Boseman’s brothers want his widow removed from his estate — and held in contempt
By Reid Kress Weisbord, Naomi Cahn and The ConversationJuly 31, 2026
18 hours ago
Nordic Wave Cold Plunge Review (2026): Is This Premium Plunge Worth It?
HealthDietary Supplements
Nordic Wave Cold Plunge Review (2026): Is This Premium Plunge Worth It?
By Christina SnyderJuly 31, 2026
20 hours ago
Best Teeth Whitening Kits (2026): Whiten Your Smile at Home
HealthDietary Supplements
Best Teeth Whitening Kits (2026): Whiten Your Smile at Home
By Christina SnyderJuly 31, 2026
21 hours ago
tb
North AmericaRestaurants
Taco Bell’s quick action on removing lettuce, $1 Mexican Pizza special work to win over diners, investors
By Dee-Ann Durbin and The Associated PressJuly 30, 2026
2 days ago

Most Popular

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line
Retail
The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line
By Tatiana SatauaJuly 31, 2026
1 day ago
Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
Personal Finance
Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
By Nick LichtenbergJuly 31, 2026
1 day ago
Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
Big Tech
Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
By Alexei OreskovicJuly 30, 2026
1 day ago
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
Success
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
By Preston ForeJuly 29, 2026
3 days ago
Current price of oil as of July 31, 2026
Personal Finance
Current price of oil as of July 31, 2026
By Joseph HostetlerJuly 31, 2026
1 day ago
This Dutch bookseller thought a request for 3,000 copies was 'spam or phishing.' Instead, AI companies are scanning and destroying books to train AI
AI
This Dutch bookseller thought a request for 3,000 copies was 'spam or phishing.' Instead, AI companies are scanning and destroying books to train AI
By Tatiana SatauaJuly 31, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.