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Australian Billionaire pledges to fund 1 million doses of chloroquine to cure Coronavirus

2 Min Read

An Australian Billionaire, Mining Magnate Clive Palmer, has pledged to fund one million doses of the malaria drug hydroxychloroquine as a possible cure for COVID 19.

Clive Palmer’s plan was disclosed through two or three national media where he talked up his plan to launch a large-scale manufacturing plant for the drug.

The Herald gathered that the hydroxychloroquine and chloroquine have not been approved as treatments for coronavirus and may have potentially severe and even deadly side effects,  including heart failure and toxicity if used inappropriately.

Meanwhile, William Grace, a doctor from New York’s Lenox Hill hospital has explained how he is successfully using Hydroxychloroquine to treat acute coronavirus patients.

Dr. Grace explained that there are 100 patients in his hospital and he has not recorded any death for using Hydroxychloroquine.

The doctor who disclosed this in an interview with Laura Ingraham said a big reason older people die from the coronavirus is that their lungs fill up with fluid as part of an immune response to the virus.

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According to him, hydroxychloroquine works in both inhibiting the immune response and inhibiting the replication of the virus.

On her her part, Ingraham said: “That affirms what we are hearing is happening in other countries, as Hopefully it will serve as both a cure for the virus and perhaps even a vaccine.”

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