New York Gov. Andrew Cuomo plans to hold a press conference on the COVID-19 outbreak, which has infected more than 20,800 people in the state as of Monday.
Analysts warn that the COVID-19 pandemic could disrupt the global pharmaceutical supply chain which is heavily reliant on China and India, as India takes harsh measures to combat the spread of the virus.
President Donald Trump on Sunday announced he is deploying the National Guard to California, New York and Washington state - the current epicenters of the coronavirus outbreak in the U.S.
"No doubt, ideally we would have broader testing, but at the moment, capacities are limited," Roche CEO Severin Schwan said on CNBC's "Squawk Box." "I think this is still a couple of weeks, if not months, out, and the reason is very simple."
World Health Organization officials are holding a press conference to update the public on the coronavirus outbreak, which has now infected more than 350,000 people worldwide.
New York Gov. Andrew Cuomo plans to hold a press conference on the COVID-19 outbreak, which has infected more than 15,100 people in the state as of Sunday.
Stocks in Asia Pacific saw sharp drops on Monday as fears over the economic impact of the global coronavirus outbreak continue to weigh heavily on investor sentiment.
Questions linger over whether to delay, or even cancel, this year's Summer Olympics in Tokyo as the race to contain the fast-spreading coronavirus outbreak continues.
The number of people who have tested positive for the coronavirus, or COVID-19, has crossed 300,000 as the disease continues to spread around the world.
Gov. Andrew Cuomo also said the Army Corps of Engineers will build temporary hospitals, including at the Jacob K. Javits Convention Center in New York City.
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