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Stock impact report

Despite Trump's chloroquine hype, we're still waiting for a 'game changer' cure for COVID-19 [Los Angeles Times (CA)]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
It’s been nearly four weeks since the U.S. Food and Drug Administration gave an emergency blessing to the use of two anti-malaria drugs for the treatment of COVID-19, setting the stage for the stockpiling and distribution of millions of doses. But so far, the drugs have fallen far short of President Trump’s repeated promotion of them as potential “game changers.” For the most part, studies and clinical experience haven’t shown the hoped-for results of lowered death rates or quicker clearing of the novel coronavirus with chloroquine or hydroxychloroquine. The drugs’ side effects — most notably, dangerous heart problems — were troubling enough that a research effort in Brazil changed its protocol to avoid giving high doses, and Sweden has warned hospitals against using it to treat COVID-19. A newly released analysis of its use in veterans hospitals found no benefit. In fact, patients treated with hydroxychloroquine plus the usual therapies were more likely to die than those who received Show less Read more
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