WEBVTT 00:00:00.000 --> 00:00:02.310 align:middle line:90% 00:00:02.310 --> 00:00:04.110 align:middle line:84% BRYAN WOOD: The US Food and Drug Administration 00:00:04.110 --> 00:00:06.360 align:middle line:84% on Monday granted the emergency use 00:00:06.360 --> 00:00:08.370 align:middle line:84% of the first experimental antibody 00:00:08.370 --> 00:00:10.590 align:middle line:90% treatment for COVID-19. 00:00:10.590 --> 00:00:14.520 align:middle line:84% Eli Lilly's bamlanivimab is a monoclonal antibody, 00:00:14.520 --> 00:00:16.890 align:middle line:84% or a synthetic copy of an antibody 00:00:16.890 --> 00:00:20.130 align:middle line:84% used by the immune system to fight infection. 00:00:20.130 --> 00:00:23.340 align:middle line:84% The US government has purchased 300,000 doses 00:00:23.340 --> 00:00:25.620 align:middle line:84% of the drug, which the company said it will 00:00:25.620 --> 00:00:27.750 align:middle line:90% begin shipping immediately. 00:00:27.750 --> 00:00:30.420 align:middle line:84% There will be no out-of-pocket costs for patients, 00:00:30.420 --> 00:00:33.270 align:middle line:84% according to US officials, although health care 00:00:33.270 --> 00:00:36.300 align:middle line:84% facilities may charge an administration fee. 00:00:36.300 --> 00:00:39.810 align:middle line:84% Trial data showed that a one time infusion of Eli Lilly's 00:00:39.810 --> 00:00:42.930 align:middle line:84% treatment reduced the need for hospitalization 00:00:42.930 --> 00:00:47.700 align:middle line:84% or emergency room visits in high risk COVID-19 patients. 00:00:47.700 --> 00:00:50.550 align:middle line:84% US regulators have authorized Eli Lilly's treatment 00:00:50.550 --> 00:00:53.070 align:middle line:84% for patients who have been recently diagnosed 00:00:53.070 --> 00:00:57.540 align:middle line:84% with mild to moderate COVID-19, over the age of 65, 00:00:57.540 --> 00:01:00.240 align:middle line:84% and for patients 12 and older who have 00:01:00.240 --> 00:01:02.250 align:middle line:90% an underlying health condition. 00:01:02.250 --> 00:01:04.920 align:middle line:84% The treatment will not be used on patients already 00:01:04.920 --> 00:01:08.520 align:middle line:84% hospitalized or who require oxygen therapy, 00:01:08.520 --> 00:01:11.100 align:middle line:84% as a US government-sponsored study 00:01:11.100 --> 00:01:13.500 align:middle line:84% found it could worsen the clinical outcome 00:01:13.500 --> 00:01:15.390 align:middle line:90% in these cases. 00:01:15.390 --> 00:01:18.270 align:middle line:84% In an emailed statement, the White House hailed the FDA's 00:01:18.270 --> 00:01:21.030 align:middle line:90% decision as a major milestone. 00:01:21.030 --> 00:01:24.120 align:middle line:84% US President Donald Trump received a similar treatment 00:01:24.120 --> 00:01:26.430 align:middle line:84% created by Regeneron after he was 00:01:26.430 --> 00:01:29.550 align:middle line:84% diagnosed with the coronavirus in early October. 00:01:29.550 --> 00:01:31.770 align:middle line:84% Regeneron is currently seeking emergency 00:01:31.770 --> 00:01:36.150 align:middle line:84% approval for a dual antibody treatment against COVID-19. 00:01:36.150 --> 00:01:40.020 align:middle line:84% Meanwhile, Eli Lilly anticipates manufacturing up 00:01:40.020 --> 00:01:43.020 align:middle line:84% to 1 million doses of bamlanivimab 00:01:43.020 --> 00:01:46.860 align:middle line:84% by the end of 2020 for use around the world 00:01:46.860 --> 00:01:49.200 align:middle line:90% through early next year. 00:01:49.200 --> 00:01:50.000 align:middle line:90%