President Donald Trump in a press conference on Thursday said the Food and Drug Administration is fast-tracking efforts to approve an antiviral therapy, best known for treating malaria, for use in coronavirus cases. 

The drug, hydroxychloroquine, was developed more than a half-century ago and is approved for treating malaria, arthritis, and other ailments. Reports out of China and Italy suggest the drug may help, but there is no hard data yet.

"We're going to be able to make that drug available almost immediately," Trump said. 

The FDA is working to conduct a "large, pragmatic clinical trial" quickly to confirm the drug's benefit to coronavirus patients, said Commissioner Dr. Stephen Hahn.

He also tempered the president's optimism about the still-untested solution. 

"What's also important is not to provide false hope," he said. "We may have the right drug, but it might not be in the appropriate dosage form right now, and it might do more harm than good."

New antiviral therapies face a shorter and less arduous approval process than vaccines, several of which are under development with 12 to 18-month timelines.  

"The therapies are something we could move on much faster potentially," Trump said. 

He claimed the administration "slashed red tape" to develop new vaccines and therapies.

The president also held out on confirming whether he would invoke the Defense Production Act, which he signed on Wednesday, to mandate the production of needed medical supplies such as N95 respirators and surgical masks

"If we find that we need something, then we will do that," he said.  

Trump repeated that he was open to the federal government buying equity stakes in the airline, cruise, hospitality, and other industries hurt by the outbreak. 

The press conference opened with more controversial language placing the blame squarely on China for the outbreak, despite concerns voiced about potentially exacerbating a backlash against Asian Americans.

"We continue our relentless effort to defeat the Chinese virus," Trump said.

Share:
More In Politics
Asian Americans Turn to Self Defense Classes Amid Rise in Hate Crimes
Hate crimes from the start of 2022 against Asians reportedly more than doubled compared to 2021, according to the NYPD. Amid the surge of attacks, Amber Reed, the president and co-founder of the grassroots organization AAPI Montclair, joined Cheddar News to talk about how it's looking to help Asian Americans with classes and techniques to defend themselves. “We're seeing racism literally killing people who look like us, and these self defense classes are a chance for us to rewrite a narrative of victimhood into one of empowerment," she said. "We learn first how to be aware of our surroundings because we know that being distracted, appearing weak can make you a target, and then that we focus on disengagement."
Who Are Russia's Oligarchs And Why Are They Being Sanctioned?
Since Russia invaded Ukraine, the United States, along with much of the Western world, has imposed economic sanctions on Russia’s economy and its oligarchs. And these measures are costing these oligarchs — billions. So what exactly is an oligarch and what are their ties to Putin and the ongoing invasion? And will sanctioning them work?
Jackson Pushes Back on GOP Critics, Defends Record
Ketanji Brown Jackson is forcefully defending her record as a federal judge, telling senators she will rule “from a position of neutrality” if she is confirmed as the first Black woman on the high court.
Ukraine Shows Resilience Amid Russian Attacks
Ukraine remains defiant as the Russian invasion is approaching its fourth week. Cheddar News speaks with Former Obama Campaign Foreign Policy Advisor David Tafuri, on Russia’s war efforts so far and how it might shift tactics moving forward.
Humanitarian Crisis Deepens as 10 Million Ukrainians Displaced Amid Russian Invasion
As Russia continues to wage war in Ukraine, 10 million of its citizens have fled their homes according to the UN, with more and more refugees flooding into other European countries. Nancy Dent, senior global communications officer for Europe and Asia at the aid group International Rescue Committee, joined Cheddar News to discuss the deteriorating conditions. “What's really clear from my time at the border today, in particular, is that people really are fleeing for their lives now," she said. "Two million people, 60 percent of the refugee population from Ukraine is now in Poland, and people are arriving with smaller bags really unprepared."
Load More