President Trump meets with pharma company leaders at the White House – Daily Mail
Trump meets with the leadership of pharmaceutical companies
Administration asks pharmaceutical industry to step up work on coronavirus vaccine
US President Donald Trump said on Monday that his administration has asked pharmaceutical companies to step up work on a coronavirus vaccine.
It could take up to 18 months to develop a vaccine against a virus that has killed more than 3,000 people worldwide, according to US health officials.
President Trump and the Coronavirus Task Force met with pharmaceutical executives on Monday. Administration seeks to step up measures to combat the spread of the disease, which killed the second person in the country this week.
Previously, the White House did not specify which companies will be represented at the meeting, however, as representatives of Sanofi SA, Johnson & Johnson and Pfizer, their leaders will attend the meeting.
Trump tweeted Monday morning that the meeting is scheduled to discuss “progress in vaccine and treatment” for the disease..
The number of new cases of coronavirus infection has recently increased with more than 75 confirmed cases, including two deaths. Both deaths were recorded in Washington state, where the focus of the disease is concentrated around a nursing home near Seattle. In addition, there are confirmed cases in New York, Florida and several other states..
According to WHO, more than 87,000 cases of infection have been recorded in the world..
National Institutes of Health’s Infectious Diseases Division Chief Dr Anthony Fauci expresses concern that US cases could rise in the coming weeks.
“When there are a number of cases identified and they have been present in the community for some time, there will inevitably be more predictable cases,” she told CNN on Monday.
Health professionals recommend that Americans take routine measures to prevent infection, such as with the flu: wash their hands more often and stay home if symptoms develop..
Over the weekend, the administration sought to allay fears of an impending global recession by insisting that the public and media were exaggerating the problem and reassuring that financial markets will soon recover as the American economy is healthy..
Global markets calmed down somewhat on Monday amid hopes that a possible cut in interest rates could soften the blow.
US lawmakers expected to pass bill to fund efforts to fight coronavirus in coming days.