The two U.S. residents who have been diagnosed with the new
coronavirus had both traveled to Wuhan City, China, and arrived in the
United States this month with no symptoms.
The Centers for Disease Control and Prevention said Friday that it
has investigated at least 63 U.S. residents in 22 states for the virus.
Eleven of those individuals tested negative. One man in Washington state
and a woman in her 60s in Chicago have both been diagnosed with the
respiratory virus. Officials said the woman, who returned from Wuhan on
Jan. 13, is in stable condition but remains hospitalized, primarily for
infection control.
Health officials in Chicago said the woman had not used public
transportation or attended major events once back in the city. Her
“close contacts” are being monitored.
As of Jan. 24, officials have screened more than 2,000 people from
about 200 flights in the active entry screening program under way at
five U.S. airports. No cases were identified as part of the program.
“We first began entry screening with a very clear focus on the
epidemic center, that we would continue to evaluate and balance the
utility of a border entry screening based on the totality of the
circumstances,” a CDC official said. “Circumstances have clearly
changed…The concentration of resources and efforts needs to be focused
on the tremendous work that our state and local partners are doing to
rapidly identify cases and contacts.”
They also said they are “re-evaluating” the extent and duration of airport screening.
China has halted flights out of Wuhan, quarantined the city, and
canceled major Lunar New Year celebrations. Travel history and symptoms,
including fever and coughing, are the primary reasons why individuals
should contact a health care provider if they are concerned about an
infection.
Here’s what we know about the virus: Health
officials said Friday that the incubation period for the new coronavirus
is about 14 days. The incubation periods for severe acute respiratory
syndrome (SARS) and Middle East respiratory syndrome (MERS), both
coronaviruses, are 2 to 7 days and about 5 days, respectively, according
to the CDC. There are at least 881 confirmed cases and 26 deaths of the
new virus, according to China Central Television, as cited by The Wall Street Journal.
Raymond James’ Chris Meekins wrote in a research note that it is
likely that there are 10 times the number of cases and deaths that have
been publicly reported by China. “We doubt it will become a major issue
in the U.S.,” he wrote. “We suspect more cases will show up in the U.S.
and a death is possible, though unlikely.” The World Health Organization
has not called the outbreak a public health emergency of international
concern although it met twice this week to discuss whether to do so.
Here’s how the CDC is testing for the virus: If a
potential patient is identified, respiratory samples and sometimes blood
are sent to the CDC in Atlanta. Once the sample is prepared, the test
takes four to six hours. “Part of the delay is the sample getting to
CDC,” Dr. Nancy Messonnier, director of the National Center for
Immunization and Respiratory Diseases, said during a call with
reporters.
Here’s how medical stocks are responding: A handful
of vaccine developers and diagnostics firms have seen their shares soar,
and some have used the rallies to raise money. It’s common for stocks
of biotechnology firms and diagnostics makers to jump during disease
outbreaks, Meekins said.
Co-Diagnostics Inc. CODX, -20.94%
on Friday said it had sold 3,448,278 shares of its common stock the
day after it announced it is working on a screening test for the
coronavirus. Its stock was down 18% in trading on Friday. Also, this
week, Inovio Pharmaceuticals Inc. INO, +15.63% and Moderna Inc. MRNA, -0.75% separately said they had received grants
from the Coalition for Epidemic Preparedness Innovations to develop a
vaccine. Earlier this week, J.P. Morgan analysts wrote that “a positive
bias is appropriate on pharma stocks broadly and makers of diagnostic
kits and protective equipment (like gloves).”
The S&P 500 SPX, -0.67% has gained 10% over the last three months, while the Health Care Select Sector SPDR Fund XLV, -1.42% is up about 12%.
https://www.marketwatch.com/story/second-coronavirus-patient-identified-extent-and-duration-of-airport-screening-to-be-re-evaluated-2020-01-24?siteid=rss&rss=1
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