Tags: Coronavirus | milken | covid | government | biomedicalindustry

Milken Calls COVID Response By Biomed, Gov't 'Greatest Ever'

michael milken poses for a photo at an event
Michael Milken arrives at the Los Angeles Ballet Gala 2020  (Kevin Winter/Getty Images)

By    |   Sunday, 28 June 2020 01:41 PM

American financier and philanthropist Michael Milken on Sunday called the U.S. response to the coronavirus pandemic the greatest movement ever in history by the biomedical industry and by government.”

In an interview on Fox News’ “Sunday Morning Futures,” Milken, current chair of the nonprofit think tank Milken Institute, said the partnership will translate into better treatment of the fast-spreading virus.

“I think we will treat this better, less people will be in ICU… out of the percentage of people diagnosed,” he said. 

“This has not gone away,” he added. “What has occurred is the greatest movement ever in history by the biomedical industry and by government.”

According to Milken, the pandemic hasn’t gotten worse despite the current a troubling spike in cases in the South and in rural areas.

“I don't think it's getting worse,” he said. “Having more people that have the virus, we know better how to treat a person with the virus.”

“The medical system is far better prepared, there are antivirals that are working, we are very excited about a few of them that are working through the medical foundation right now and in clinical trials, quite possibly can prevent the virus from going to your lungs,” he said.

Milken added that Johnson & Johnson’s work toward a vaccine could make it “available to the world” by January.

“That vaccine is going into human beings in July of 2020,” he noted. “Everything has been accelerated. “

He noted the medical community, along with the Food and Drug Administration, Centers for Disease Control and Prevention, the Department of Health and Human Services, the National Institutes of Health “they are accelerating these efforts.”

“They are making financial commitments so if something works, it'll be available to us, hundreds of millions of vaccines will be available in the fourth quarter of this year,” he said. “We don't know if they work, but they will be available.”

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American financier and philanthropist Michael Milken on Sunday called the U.S. response to the coronavirus pandemic "the greatest movement ever in history by the biomedical industry and by government."...
milken, covid, government, biomedicalindustry
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2020-41-28
Sunday, 28 June 2020 01:41 PM
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