Researchers in the United States, Canada & Europe are testing Colchicine on approximately 6,000 participants for a period of 30 days.

The trial is to find out whether short-term treatment with colchicine will reduce lung complications and the rate of death in COVID-19 patients.

Colchicine is thought to decrease the ‘cytokine storm’ or inflammation that causes complications and death, in patients with COVID-19.

Colchicine has also currently been approved by FDA for gout and familial mediterranean fever.

Reference
https://clinicaltrials.gov/ct2/show/NCT04322682 

https://www.physiciansweekly.com/anti-inflammatory-drug-colchicine-on-deck-for-covid-19/amp/

https://www.webmd.com/lung/news/20200422/could-an-ancient-drug-help-fight-severe-covid-19

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