Trump seeks help from South Korea for medical devices to combat the corona virus

SEOUL (Reuters) – South Korea said it would send medical devices to the United States to combat the coronavirus if there was an urgent request from U.S. President Donald Trump that he promised Korean companies the approval of the To help US government have spare parts.

The news that stocks of Korean Korean virus test kit manufacturers skyrocket illustrates the different paths the two countries have taken since they both discovered their first coronavirus cases on the same day.

After a major early outbreak, South Korea launched extensive tests within a few days and quickly launched an aggressive program to isolate confirmed cases and track their contacts.

It has been praised for slowing the spread of the disease with comparatively minor disorders and only 125 deaths, and has reduced the number of new infections per day to less than 100 for the past 13 consecutive days.

The United States initially conducted few tests and closed parts of the country en masse, with rapidly growing outbreaks in a number of states and thousands of new cases per day.

In a 23-minute phone call, Trump told President Moon Jae-in that he would help Korean manufacturers get approval from the United States Food and Drug Administration (FDA) for their devices, the South Korean office at the Blue House said late Tuesday With.

Moon told Trump that South Korea will “provide as much support as possible if there are replacement medical devices in Korea.”

Test kit maker Seegene Inc’s shares rose 27%, while SugenTech Inc rose 23% compared to a 4.5% rise in the reference index KOSPI.

Reporting by Joori Roh; Letter from Peter Graff; Edited by Edwina Gibbs

Our standards:The Thomson Reuters Trust Principles.

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