Romania exceeds 1,000 new coronavirus cases in record daily high

The number of coronavirus infections in Romania rose by a record 1,030 new cases in a day, the government said on Wednesday, as the World Health Organization said spikes in southern Europe and the Balkans were worrying.

Biogen raises full-year profit view, quarter boosted by Tecfidera demand

Drugmaker Biogen Inc beat analysts' estimates for quarterly profit on Wednesday on better-than-expected sales of its multiple sclerosis treatment Tecfidera, and boosted its 2020 profit outlook.

U.S. government engages Pfizer to produce millions of doses of COVID-19 vaccine

The United States government said on Wednesday it will pay $1.95 billion for Pfizer Inc to produce and deliver 100 million doses of its COVID-19 vaccine candidate in the United States.

Exclusive: Novavax executives could get big payday even if vaccine fails

One of the leading U.S. firms developing a coronavirus vaccine, Novavax Inc , has awarded executives stock options that could pay out tens of millions of dollars even if its efforts fail.

Glenmark's favipiravir version shows promise in late-stage COVID-19 trial

India's Glenmark Pharmaceuticals Ltd said on Wednesday its version of anti-flu drug favipiravir showed promise in a late-stage study of 150 patients with mild to moderate coronavirus infection.

What you need to know about the coronavirus right now

Here's what you need to know about the coronavirus right now:

Germany cracks down on slaughterhouse sub-contracting to fight coronavirus

Germany is introducing a new law compelling meatpackers to employ staff directly in industrial abattoirs rather than sub-contracting to avert further coronavirus outbreaks exacerbated by poor working conditions, a draft law showed on Wednesday.

Mylan gets Indian regulatory approval for tuberculosis drug

Drugmaker Mylan NV said on Wednesday it has received Indian regulatory approval to make tuberculosis treatment pretomanid available in a country that accounts for a quarter of the world's cases.

Italian prosecutors search Diasorin offices over coronavirus contracts

Italian prosecutors have searched offices of medical diagnostic group Diasorin and a hospital in the northern region worst hit by the coronavirus outbreak in a probe over the award of antibody test contracts, a statement said on Wednesday.

Philippines records 6 new coronavirus deaths, 1,594 more cases

The Philippines' health ministry on Wednesday reported six new coronavirus deaths and 1,594 additional infections, the seventh straight day when confirmed cases have topped 1,000.

Hong Kong orders masks indoors in public as daily cases hit record

Hong Kong will extend strict social distancing measures from midnight on Wednesday, ordering masks in all indoor public areas including malls and markets, as the global financial hub reported a daily record increase of novel coronavirus cases.

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