Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
Login Archives Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Top News

How Close Is Tekmira Pharma (Nasdaq: TKMR) to an Ebola Treatment?

By Diane Alter, Contributing Writer, Money Morning • October 1, 2014

Start the conversation

Leave a Reply Click here to cancel reply.

You must be logged in to post a comment.

How close is Tekmira to an Ebola treatment?

Shares of this "Ebola stock" have soared in the past 24 hours - but just how close is Tekmira to getting approval for an Ebola treatment?

Tekmira Pharmaceuticals Corp. (Nasdaq: TKMR) stock surged more than 25% to $26.50 Wednesday after the Centers for Disease Control and Prevention (CDC) confirmed Tuesday the first Ebola diagnosis in the United States - and the first outside of Africa.

The CDC is confident it can control this case, but said it's possible that someone who has had contact with the man may have been affected.

As for how long the outbreak will last in ravaged Africa, Jason McDonald of the CDC responded in an email to Money Morning:

"It is impossible to predict how long an outbreak will continue. For now, we are taking concrete actions to stamp out the outbreak in West Africa. These include contact tracing, airport screening, and health education. CDC is prepared to be in this for the long haul and until the outbreak is over in order to protect the health of Americans."

Tekmira is also in it for the long haul. Here's a closer look at whether this company can be the first to deliver an Ebola treatment.

Tekmira's Experimental Ebola Treatment

The Canadian drugmaker is developing an Ebola vaccine in collaboration with the U.S. Department of Defense's Medical Countermeasure Systems BioDefense Office.

In March 2014, Tekmira was granted Fast Track designation from the U.S. Food and Drug Administration (FDA) for the development of TKM-Ebola, its anti-Ebola viral RNAi therapeutic. The FDA's Fast Track is a process designed to facilitate the development and expedite the review of drugs in order to get important new therapies to patients earlier.

In August, the FDA modified its clinical hold status on Tekmira's experimental Ebola treatment to partial hold, enabling it for potential use in humans infected with the virus.

TKM-Ebola is currently in phase 1 testing. But the company has already treated a few Ebola patients in the United States (aid workers transported here), as well as patients outside of the United States, with some success.

However, even if the CDC uses Tekmira's Ebola treatment for current or future patients, it will be on a limited basis.

Here's why...

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

Claim My Free Report

Subscribe
Login
Notify of
guest

guest

0 Comments
Inline Feedbacks
View all comments


Latest News

September 15, 2023 • By Shah Gilani

We're Headed for a Second Banking Crisis - Here's What to Do

September 14, 2023 • By Tom Gentile

Tulips Are the Secret to Trading the Next 300% Rally in AI

September 14, 2023 • By Chris Johnson

Tulips Are Telling Me How To Trade the Next 300% rally in AI
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Penny Hawk Midday Momentum
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Quantum Data Profits Flashpoint Trader Darknet Alpha Accelerators Brutus Alerts Resource Traders Alliance L.A.U.N.C.H. Investor Rob Roy Trader Long-Term Equity Profits

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz