[Special Stock] Trump Treatment Remdesivir-Related Stocks Rise... Pharmicell Up 16%
[Asia Economy Reporter Minji Lee] As it has been reported that U.S. President Donald Trump received the antiviral drug Remdesivir for the treatment of the novel coronavirus infection (COVID-19), related stocks are showing an upward trend in the domestic stock market.
At 9:08 a.m. on the 5th in the KOSPI market, Pharmicell was traded at 20,950 KRW, up 16% from the previous session. In addition, Jinwon Life Sciences (5.23%), HanAll Biopharma (2.8%), Shinpung Pharmaceutical (1.6%), Aprogen Pharmaceuticals (1.5%), and Access Bio (1.3%) are maintaining an upward trend.
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While U.S. President Trump is hospitalized due to COVID-19, his medical team held a press conference on the 4th (local time) stating, "The second dose of Remdesivir has been completed," and explained, "We have been monitoring for possible side effects and have not experienced any notable side effects."
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