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Squawk Pod

A Potential Covid Breakthrough; CNBC Disruptors: Stripe CEO

Squawk Pod

CNBC

Business News, Business, Investing, News

4.2543 Ratings

🗓️ 16 June 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

An Oxford University trial revealed that Dexamethasone, a common and inexpensive steroid, has been shown to improve survival rates in some Covid-19 patients. CNBC’s Meg Tirrell and Former FDA Commissioner Dr. Scott Gottlieb discuss the significance of this finding and its impact on health workers, global hope, and U.S. markets. CNBC has unveiled its annual list of Disruptors, a group of 50 up-and-coming companies disrupting industries and legacy brands. Number one on the list: payment platform Stripe. CEO John Collison shares how his platform’s been helping businesses stay afloat throughout the pandemic, and how he plans to keep his own business growing.

Transcript

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0:00.0

This is Squawk Pod. I'm

0:02.8

C. NBC producer Katie Kramer.

0:04.6

Today on our podcast, a potential breakthrough

0:07.7

for COVID-19 patients.

0:09.5

C. NBC's Meg Terrell on the relatively common

0:11.9

steroid that could help save lives.

0:14.2

Scientists have been hunting for months

0:16.2

through libraries of existing compounds

0:18.5

to find anything that might have a benefit against this.

0:21.4

And Dr. Scott Gottlieb on the news that buoyed hope and markets, at least for now.

0:26.0

This is an important finding, it's going to change dogma. I think it needs to be replicated.

0:31.0

It's going to probably have an immediate impact on what doctors are

0:34.0

doing in the ICU setting. Then, the N. B. C. annual list of up-and-coming companies

0:38.7

we call disruptors. This year Stripe snagged the top spot.

0:43.0

CEO John Collison on how his payment platform has worked for businesses

0:47.5

staying afloat during a pandemic.

0:49.7

We've seen all manner of things during the lockdown.

0:51.9

Maybe one of my favorites was,

0:53.7

I think it's you probably need a haircut.com.

0:55.7

And then we're also seeing a huge amount of adaptation

0:58.1

from, especially say retail businesses, restaurants,

1:01.5

moving from solely in-person trading to starting to move online.

...

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