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By Ari Altstedter and Anna Edney US regulators have lifted import restrictions on an Indian pharmaceutical company in an effort to increase supplies of a malaria drug touted by President Donald Trump as a potential coronavirus treatment. Mumbai-based Ipca Laboratories Ltd.

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The US is facing possible shortages of both drugs, which are also widely prescribed to treat rheumatoid arthritis and lupus. Hospitals have been stocking up on the treatments in recent weeks following reports from doctors outside the U. There have been no large-scale clinical trials to support those claims. The factories where Ipca makes the medications have been under an import alert from the U. Click here for The Motley Fool's resources on Coronavirus and the market.

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Mar 19, at PM. Author Bio Dr.

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Orelli is a Senior Biotech Specialist. He has written about biotech, pharmaceutical, and medical device companies for The Motley Fool since You will need an eye test in your first year of treatment, and another one after 5 years unless your doctor decides you need one sooner.

Trump Says Malaria Drug Approved to Treat Coronavirus

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