$NanoViricides Inc.(NNVC)$Management intends to conduct initial testing of its drug candidates in its own virology laboratory using low-threat coronavirus strains that have been normally circulating in the human population. If successful, it has the ability to make "kilogram quantities" in just a few weeks which, it says, would be sufficient to treat several hundred to a few thousand patients.

$NanoViricides Inc.(NNVC)$NanoViricides jumps 36% after hours in reaction to its announcement related to its development plans for a drug to treat ** infection.

$NanoViricides Inc.(NNVC)$World health officials said Tuesday the mortality rate for ** is 3.4% globally, higher than previous estimates of about 2%.