Stock Alert: Trxade Climbs 12% After Filing EUA For Its Test Kit

Shares of Trxade Group, Inc. (MEDS), an integrated drug procurement, delivery and healthcare platform, are surging more than 12% Wednesday morning.

The company said today that its subsidiary Integra Pharma Solutions has filed an Emergency Use Authorization (EUA) with the FDA, in collaboration with its partnered manufacturer of the SARS-CoV-2 IgM/IgG Antibody Rapid Test Kit.

This rapid immunochromatography test provides qualitative detection of specific antibodies (IgM and IgG) found to match those of COVID-19. However, negative test results do not rule out infection and follow-up testing with molecular diagnostics should be considered in patients with signs and symptoms or recent exposure to the virus.

Trxade said, by April 10, 20,000 units will be available for purchase as pre-orders and the company, with its partners aims to scale up the production to up to 1,000,000 units.

MEDS is currently trading at $6.48. It has traded in the range of $2.10- $11.60 in the last 52-weeks.

France's coronavirus-related deaths surge

As grim new records continue to be set, residents grow more desperate for tests and any potential treatment.

In France, the number of deaths due to coronavirus have increased rapidly in the last three days.

As grim new records continue to be set, residents grow more desperate for tests and any potential treatment.

Medical experts there know the need is urgent, but they are warning that safety has to come first.

Al Jazeera’s Natacha Butler reports from Angouleme in France.

Spain, UK, France Report Record Jump In COVID-19 Deaths

As the coronavirus continues to rage across the world killing thousands and infecting more, three countries – Spain, the United Kingdom and France – reported their biggest overnight jump in deaths since the start of the pandemic.

Spain’s coronavirus death toll rose by 849 cases overnight to 8,189.

Britain’s Health Ministry reported a record daily coronavirus toll of 381, more than double the number of deaths posted in the previous 24 hours, taking the country’s total to 1789.

France reported its highest daily number of deaths – 499 – to bring the toll to 3,523.

The death toll in Italy, the country where most number of people died of COVID-19, has climbed by 837 to 12,428.

The number of deaths in the United States crossed 4000, surpassing the death toll in China, which is the epicenter of the pandemic.

The global coronavirus death toll has risen to 43271, and the number of confirmed cases increased to 872,792 Wednesday.

And the number of people who have recovered from the deadly disease reached 184,526.

Turkey’s coronavirus death toll exceeded 200.

Oman’s health ministry reported its first death from coronavirus while he tiny East African nation of Burundi confirmed its first two coronavirus cases.

Saudi Arabia urged Muslims to wait before making plans to attend the annual Hajj pilgrimage until there is more clarity about the pandemic.

DoorDash Starts Delivering Toilet Paper and Other Groceries

DoorDash Inc., the biggest food delivery app in the U.S., will start delivering goods from 7-Eleven, Wawa and other convenience stores to Americans who are mostly stuck at home for the foreseeable future.

The San Francisco-based startup said it began testing the sale of paper towels and other packaged goods this year and decided to accelerate the rollout due to the coronavirus pandemic. DoorDash has more than 1,800 convenience stores around the U.S. available on the app, the company said.

The new offering competes to some extent with Amazon.com Inc.’s grocery delivery service and Instacart Inc. Both companies have struggled to meet demand since the outbreak and have said they’re adding a combined 400,000 workers. This week, some workers at both companies went on strike over accusations of unfair pay and labor policies.

N.Y. Nears 2,000 Virus Deaths, With 84,000 Confirmed Infections

New York reported almost 400 new coronavirus fatalities overnight, pushing up the state’s death toll from the outbreak to almost 2,000, Governor Andrew Cuomo said Wednesday.

The state now has almost 84,000 confirmed infections after adding about 8,000 in the last day, he said at his daily news conference on the outbreak.

Coronavirus: Saskatoon woman celebrates 101st birthday from Preston Park II balcony

A resident of a Saskatoon retirement home celebrated a milestone birthday with her family on Sunday — while still maintaining social distance.

The ongoing coronavirus pandemic is the not first that Clara Arnason, who turned 101 on March 29, has lived through.

People may spread coronavirus 1-3 days before showing symptoms: CDC study

More evidence is emerging that coronavirus infections are being spread by people who have no clear symptoms, complicating efforts to gain control of the pandemic.

Bank of Canada governor will retire in June as planned – finance minister

OTTAWA, April 1 (Reuters) – Bank of Canada Governor Stephen Poloz is ending his seven-year term as planned in June and the government will find a replacement, Finance Minister Bill Morneau said on Wednesday.

Morneau’s comments to a news conference appeared to end market speculation that Poloz might be asked to stay on longer to help deal with the crisis caused by a coronavirus outbreak.