Covid Milestones: Eli Lilly CEO on Antiviral Approval, Pfizer’s FDA Application, & Getting Back to the Movies

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 20 November 2020

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Pfizer is submitting its application to the FDA for emergency use of its Covid-19 vaccine. If approved, administration of the vaccine could begin before the end of the year. The FDA has approved emergency use of Eli Lilly’s arthritis drug baricitinib in combination with Gilead’s remdesivir to treat Covid-19 patients. Eli Lilly CEO David Ricks and CNBC’s Meg Tirrell discuss distribution, supply, and the path to approval for coronavirus treatments. Plus, IMAX CEO Richard Gelfond is planning ahead for theater reopenings around the world. He shares his own outlook for entertainment, in-person movies, and safety post-pandemic.

Transcript

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0:00.0	This is Squawk Pod. I'm C.N.C. producer Cameron Costa. Today on our
0:06.7	podcast COVID milestones. Pfizer's latest vaccine progress report, an application for emergency use.
0:15.0	CNBC's senior health and science reporter Meg Turrell.
0:18.7	A really historic milestone this morning, the first vaccine to go to the FDA for COVID-19 to try to stop this
0:24.7	pandemic. And Eli Lilly's antiviral drug is now approved by the FDA for
0:29.9	emergency use in a COVID-19 treatment cocktail, CEO David Rex.
0:35.0	Unlike other COVID therapies, this is widely available and we have ample supply.
0:40.4	And what does all this news mean for getting back to normal?
0:43.4	The CEO of IMAX talks movies and reopening.
0:47.1	At the moment, we think that probably March, April
0:50.5	is a good time to see North American theater start to resume.
0:55.0	It's November 20, 2020, Squackpad begins right now.
1:00.0	Good morning everybody.
1:02.0	Welcome to Squack Box. This is
1:03.6	CM BC and it's Friday and we're here for it. I'm
1:07.4	Becky Quick along with Andrew Ross-Sorkin and Wilford Frost. Joe is
1:10.4	out today. We're playing.
1:11.6	Let's get together.
1:13.0	First up on today's podcast, before we head into the weekend, a few COVID updates.
1:19.0	Coronavirus cases are hitting new highs in the United States and the CDC is urging the country
1:24.8	to keep Thanksgiving celebrations small. They're recommending Americans spend the
1:29.4	holiday only with people who've been living in their households for the last 14 days, which means no military
	...

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