Trump Announces Emergency Authorization For Blood Plasma As Treatment For COVID
August 24th, 2020Via: ZeroHedge:
President Trump announced that a coronavirus treatment that involves blood plasma from people who’ve recovered from the disease will be expanded to many more sick Americans after the FDA approved use of the therapy. “This is a powerful therapy,” Trump said during a White House press conference moments before futures opened. “Today’s action will dramatically expand access to this treatment.”
Trump said the FDA had concluded the treatment is “safe” and “very effective” although the therapy has yet to undergo the full set of clinical trials usually required of drugs seeking FDA approval.
As Bloomberg notes, the U.S. Food and Drug Administration confirmed Sunday, just ahead of Trump’s news conference, that it had cleared what’s known as convalescent plasma for use with certain patients. The move would make it easier for patients to get the product, which Trump has promoted even though its effectiveness remains unproven.
