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A Swiss biotech firm developing a Covid treatment has seen its share price soar 38,000% this year

A Swiss biotech firm developing a Covid treatment has seen its share price soar 38,000% this year CNBC 12/14/2020 Elliot Smith Relief Therapeutics Chairman Ram Selvaraju told CNBC that Relief Therapeutics and NeuroRx had been in contact with the HSS Operation Warp Speed, and expects topline data from its late-stage trial of RLF-100 in January. Relief Therapeutics had a market cap of less than 100 million Swiss francs ($113 million) at the end of July, and on August 10 following promising results from the first 21 patients treated with RLF-100 under FDA Expanded Access Protocol authorization, it had surpassed 1.6 billion Swiss francs. © Provided by CNBC Medical staff examine a patient in the Covid-19 intensive care unit at United Memorial Medical Center in Houston on Nov. 16, 2020.

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