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Drug proves effective against virus as economic damage rises

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( Robin Utrecht/SOPA Images/LightRocket via Getty Images ) Scientists on Wednesday announced the first effective treatment against the coronavirus — an experimental drug that can speed the recovery of COVID-19 patients — in a major medical advance that came as the economic gloom caused by the scourge deepened in the U.S.

and Europe. The U.S. government said it is working to make the antiviral medication remdesivir available to patients as quickly as possible. RELATED: Stay up to date on all coronavirus-related information “What it has proven is that a drug can block this virus,” said Dr.

Anthony Fauci, the government’s top infectious-disease expert. “This will be the standard of care.” Stocks surged around the world on the news, with the

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