Many industries are being impacted by the Coronavirus, but Fujifilm might actually have the solution to this epidemic. Fujifilm’s shares have been up since the Japanese Health Minister Katsunobu Kato’s comments over the weekend about recommending Avigan drug to treat coronavirus.
The anti-influenza drug Avigan has been used effectively to treat diseases like Ebola and Kato said test dosages have shown effects in mild and asymptomatic coronavirus cases. This lead to the company being raised from a hold to a buy, which shows the market has some faith that Avigan might be a part of the solution to Coronavirus.
via Bloomberg
