Gilead’s Potential COVID-19 Treatment-Remdesivir Granted FDA Orphan Drug Status

Key Points:

Gilead Sciences's investigational drug remdesivir, on Monday received the orphan drug designation for COVID-19 from the U.S. Food and Drug Administration.

Remdesivir is seen as one of the more promising potential treatments for the coronavirus.

The orphan drug status provides a seven-year market exclusivity period, as well as tax and other incentives for drug companies developing treatments for rare diseases that affect fewer than 200,000 people. 


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2020-03-25 10:46