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Coronavirus treatment hopes push stock markets up, and ‘Spoons to reopen in June

Investors are chirpy this morning amid hopes of a new coronavirus treatment that has been described as promising by the USA’s top infectious disease official, Dr Anthony Fauci. The experimental drug, called remdesivir, is produced by an American biopharmaceutical firm called Gilead Sciences, and is reckoned by US regulators to be safe for use in emergencies after a clinical trial found that it could improve Covid-19 sufferers’ recovery time by a third.

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