Gilead asks FDA to take back lucrative orphan drug status on possible coronavirus treatment

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Gilead asks FDA to take back lucrative orphan drug status on possible coronavirus treatment
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Gilead Sciences Inc on Wednesday took the unusual step of asking the U.S. Food a...

- Gilead Sciences Inc on Wednesday took the unusual step of asking the U.S. Food and Drug Administration to rescind a controversial orphan drug designation the agency had granted for the biotech company’s potential coronavirus treatment remdesivir just 48 hours earlier.

The drug, which previously failed as an Ebola treatment, is being tried on COVID-19 patients. It has been described by U.S. President Donald Trump and health officials as one of the more promising candidates to fight the virus. The FDA said there have previously been four approved orphan drugs that had the designation withdrawn by their sponsor.

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