Swiss drugmaker Roche said on Sunday it expects to be able to produce "significantly more" than 100 million of its new coronavirus antibody tests monthly by the end of 2020, doubling its current production.
Some rural hospitals haven't had enough medical personnel for decades, are already operating at full capacity and don't have enough ventilators to handle a surge of patients.
California Gov. Gavin Newsom said on Friday that the state is "days, not weeks" away from making significant modifications to its shelter-in-place order and could begin reopening parts of the country's largest state economy.
While the entire cruise industry has been rocked by the coronavirus pandemic, Carnival, which is the largest cruise company in the world, has been at the center of several high-profile outbreaks.
Gilead Sciences is working to make remdesivir accessible and affordable, but it will eventually need to transition to a more "sustainable model," CEO Daniel O'Day says.
California Gov. Gavin Newsom said he plans to close state and local beaches in Orange County, calling the images of huge crowds that occupied the beaches over the weekend "disturbing."
"This is going to help people to have some more space but also with vigilant eyes to make sure there's no gatherings, there are no attempts by people to create sports or group activities," de Blasio said at a press conference on Friday.
The company expects to produce more than 140,000 rounds of its 10-day treatment regimen by the end of May, and anticipates it can make 1 million rounds by the end of this year.
Read the latest stock market news and analysis on Asia Pacific in regions from Japan, China, Singapore, Australia, to New Zealand. Find business; finance; economy, stocks, and global economy news on CNBC's Asia Pacific page.