So, our Beloved President is making national decisions now based on the "press release" of a biopharmaceutical company?

What makes this company the cream of the crop from dozens of other companies in the race for a solution to the virus? He must have some vested interest (a silent investor, perhaps) -- to have such faith in the company that its "press releases" are taken as gospel truth of things to come, to the point of mentioning it and promoting it on national TV as fact to his captive audience.
"The chief executive earlier claimed that pharmaceutical giants had developed an antibody treatment for COVID-19 set to roll out in May and vowed to lift the Luzon-wide quarantine once they are delivered to the Philippines."