New York (CNN Business) President Trump said he "felt good immediately" after receiving an experimental antibody treatment for coronavirus from biotech Regeneron. Now, he wants regulators to approve emergency use of Regeneron's drug and a similar one from Eli Lilly -- and both stocks jumped on the news. He added that he wants patients in the hospital for Covid-19 to get the Regeneron or Eli Lilly treatments for free, "especially if you're a senior." Both Regeneron and Eli Lilly have already announced that they are seeking emergency authorization for their Covid-19 treatments. Microsoft MSFT Separately, Eli Lilly also said Wednesday that it is working with the Bill & Melinda Gates Foundation, the charitable arm of theco-founder and his wife, to produce more of its antibody treatments for poorer nations.

Source: CNN October 08, 2020 14:06 UTC