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Bill Gates Says Antibody Drugs Could Sharply Reduce Covid-19 Death Rate

Antibody drugs currently undergoing testing could be a panacea for the COVID-19 pandemic ravaging the world once they get regulatory approval, according to the founder of Microsoft Corporation (NASDAQ:MSFT) Bill Gates.

What Happened: The drugs, known as monoclonal antibodies, have shown promising results in patients in the early stages of the viral disease, which Gates termed “pretty exciting” at the Wall Street Journal’s CEO Council Summit on Tuesday.

“The reduction in death rate there could be pretty high, and those will be out in volume by the end of the year, at least in the rich countries,” Gates said, as reported by the Journal.