BRUSSELS (Reuters) – The European Union’s executive said on Wednesday it had agreed to buy a limited supply of the COVID-19 medicine remdesivir from U.S. drugmaker Gilead (GILD.O) to address the short-term needs of European patients, and hoped to be able to order more later.

The anti-viral is the only drug so far authorised in the EU to treat patients with severe symptoms of COVID-19, but nearly all available supplies have already been bought by the United States.

The EU Commission has agreed to pay 63 million euros ($74 million) to buy enough doses to treat about 30,000 patients, it said in a statement.

Source: Reuters

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