“We want to emphasise there is a cure” – American Bio Firm shares skyrocket by 244% after claiming a breakthrough on a COVID-19 antibody

“We want to emphasise there is a cure” – American Bio Firm shares skyrocket by 244% after claiming a breakthrough on a COVID-19 antibody 1

A California-based biotech company has announced they believe they have a cure for the coronavirus- an antibody that provides ‘100 per cent inhibition.’

“We want to emphasise there is a cure. There is a solution that works 100 per cent,” Sorrento Therapeutics founder and CEO Dr Henry Ji said. “If we have the neutralising antibody in your body, you don’t need the social distancing. You can open up a society without fear.”

The number of Covid-19-related deaths is expected to hit 100,000 by June 1 and a host of medical researchers are scrambling to find antibodies that are effective against the disease.

Scientists are optimistic that they could provide a remedy or preventative care in less time than it would take to develop a vaccine. However, finding a successful antibody or convalescent plasma treatment for Covid-19 presents major challenges.

“The best way to control infectious disease [is] where a vaccine comes in,” Dr Amesh Adalja, a Senior Scholar with the Johns Hopkins University Centre for Health Security tells Fox News. “So, obviously vaccines are going to be much more valuable than any kind of treatment. You don’t need treatment because you don’t get infected.”

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