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Thursday, March 5, 2020

NanoViricides up 36% after hours on coronavirus drug progress

NanoViricides (NYSEMKT:NNVC) jumps 36% after hours in reaction to its announcement related to its development plans for a drug to treat COVID-19 infection.
Management intends to conduct initial testing of its drug candidates in its own virology laboratory using low-threat coronavirus strains that have been normally circulating in the human population. If successful, it has the ability to make “kilogram quantities” in just a few weeks which, it says, would be sufficient to treat several hundred to a few thousand patients.
https://seekingalpha.com/news/3549208-nanoviricides-up-36-after-hours-on-coronavirus-drug-progress

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