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Josh Bilenker and Jeff Engelman bundle a mother lode of cash for their stealthy startup, attracting a who’s who of biotech investors

The FDA has authorized the Covid-19 monoclonal antibody treatment from Vir and GlaxoSmithKline, adding another potent treatment option as the pandemic continues to rage in many corners of the world and as new variants threaten to render one of two rival approaches obsolete.

The EUA comes after Vir’s antibody proved 85% effective at preventing hospitalization in high-risk, newly diagnosed Covid-19 patients — numbers that rival or exceed those posted in pivotal trials by the antibody combos from Regeneron and Eli Lilly. Lilly’s combo, though, has already been taken out of use in two states, Illinois and Massachusetts, as it proved ineffective again a new variant. On Wednesday, it was paused in six other states: Arizona, California, Florida, Indiana, Oregon and Washington.

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Arsenal transfer news LIVE: Latest updates from the Emirates – News Nation USA

Andamans reports more COVID-19 recoveries than new cases

in

Josh Bilenker and Jeff Engelman bundle a mother lode of cash for their stealthy startup, attracting a who’s who of biotech investors

The FDA has authorized the Covid-19 monoclonal antibody treatment from Vir and GlaxoSmithKline, adding another potent treatment option as the pandemic continues to rage in many corners of the world and as new variants threaten to render one of two rival approaches obsolete.

The EUA comes after Vir’s antibody proved 85% effective at preventing hospitalization in high-risk, newly diagnosed Covid-19 patients — numbers that rival or exceed those posted in pivotal trials by the antibody combos from Regeneron and Eli Lilly. Lilly’s combo, though, has already been taken out of use in two states, Illinois and Massachusetts, as it proved ineffective again a new variant. On Wednesday, it was paused in six other states: Arizona, California, Florida, Indiana, Oregon and Washington.

Keep reading Endpoints with a free subscription

Unlock this story instantly and join 106,300+ biopharma pros reading Endpoints daily — and it’s free.

Read further.

Arsenal transfer news LIVE: Latest updates from the Emirates – News Nation USA

Andamans reports more COVID-19 recoveries than new cases