Hospital clinicians work to test patients for the coronavirus at Newton-Wellesley Hospital in Newton, Massachusetts, on Wednesday. AFP
Fujifilm Holdings stock started the day untraded because of a glut of buy orders, before soaring 15.4 per cent to 5,238 yen, the highest level allowed during trade for the day.
China's ministry of science and technology said late on Tuesday that some clinical trials have been completed on favipiravir —the main ingredient in the influenza drug Avigan, which Fujifilm markets.
The trials using the drug as a treatment for COVID-19 showed "very good clinical results," an official said at a press conference.
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A trial involving 80 cases conducted by a hospital in Shenzhen and a study of 120 cases led by Wuhan University's Zhongnan Hospital both showed the drug shortened the recovery time for patients.
Better known for its cameras, Fujifilm developed Avigan and has licenced the patent for favipiravir to Chinese company Zhejiang Hisun Pharmaceutical.
The Japanese firm told AFP it was not involved in the clinical tests in China, but "as for Avigan, we have received supply requests from several countries while the Japanese government has asked us to study if we will be able to step up production."
"We are now examining obstacles to be cleared to boost production," a spokesman said.
Fujifilm and the Chinese licence holder are in "a cooperative relationship" but the Japanese firm is not involved in production in China, he added.
Clinical tests using Avigan as a treatment for the virus have also started in Japan.
The coronavirus outbreak, which first emerged in China late last year, has quickly marched across the globe, infecting nearly 200,000 people and killing 7,900 as governments scramble to contain it.
"It will be very premature and I think unrealistic to think that we're going to finish with this virus by the end of the year," Ryan told journalists. "But I think what we can finish with, if we're smart, is the hospitalisations, the deaths and the tragedy associated with this pandemic."
Spain confirmed another 838 deaths in 24 hours from coronavirus on Sunday, a new daily record bringing the total number of deaths to 6,528, according to health ministry figures.
A total of 75,538 deaths have been recorded, including 53,928 in Europe, the continent worst hit by the virus. The official tallies probably reflect only a fraction of the actual number of cases. Many countries are testing only the most serious cases.
Metropolitan Manila police chief Maj. Gen. Debold Sinas has threatened to arrest people who don't comply with the restrictions. Thousands of police will be deployed and checkpoints will be set up in entryways to metropolitan Manila, he said.
Sheikh Mohammed added in a tweet on Twitter: "We found its executive director at the service counters, receiving customers, speeding up procedures, and contributing to clearing transactions. The secret shopper assured us that providing the service did not exceed five minutes."
The first lady arrived in Cairo from Amman, where she attended the wedding of Crown Prince Hussein. She is travelling to Morocco on Saturday before heading to Portugal, the final stop of her tour, on Monday.
Daily working hours, in the morning and evening shifts, shall not exceed eight hours during the months of the ban. Employers are required to provide a shaded area where workers can rest during the midday break.