Widespread testing will be critical to boosting the confidence of the public to return to work and to detecting and preventing a resurgence of the virus as states ease restrictions.
The deal is "royalty-free" until WHO says the Covid-19 outbreak is no longer a global health crisis or "until a pharmaceutical product other than remdesivir or a vaccine is approved to treat or prevent Covid-19."
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, warned that the U.S. could risk additional outbreaks if states start to reopen too quickly.
With the coronavirus pandemic threatening the global economy, banks will have a difficult time growing their business, said Pedro Martins Junior, chief emerging markets equity strategist at JPMorgan.
Sustained economic stress from job losses and downturns in the stock market could be associated with higher U.S. suicide rates, according to a JAMA report.
Paul, an opthamologist, argued that low coronavirus mortality rates in kids should bolster the case for reopening schools. "I don't think you're the end-all," he told Fauci.
California Gov. Gavin Newsom announced on Tuesday that state will move further into its reopening process, allowing some offices, malls and outdoor museums to resume operations with modifications.
Dr. Anthony Fauci warned Congress that some states are prematurely reopening businesses, risking additional outbreaks and deaths, particularly among the most vulnerable populations.
Scientists and health officials may find a vaccine that is effective in preventing Covid-19 by the end of this year "if we're lucky," billionaire philanthropist Melinda Gates tells CNBC.
"The quicker a parent reports, then the quicker a health-care professional can evaluate, the more chance of protecting the child and seeing them through this challenge safely," de Blasio said.
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 337,000 people across the state as of Tuesday .
Workplace dynamics will likely be transformed by the time everyone returns to the office again after coronavirus lockdown measures are lifted or eased, experts said.
Investors continued to watch for developments on the coronavirus front amid hopes of global economies reopening as social distancing measures are eased.
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