Taxpayers funded this HIV research. The government patented it. Now a company profits

. To get close to that goal, specialists say, Truvada for PrEP needs to be far more widespread. Trump’s newest budget, released this month, would add $291 million to fight the disease.

After Truvada was shown to work as a prophylactic in primates, the CDC applied for its patents. That began a nine-year effort, using two outside law firms retained by the CDC, which made their case to U.S. Patent and Trademark Office examiners. Gilead often works in cooperation with federal research agencies because it seeks to develop drugs to fight infectious diseases such as HIV/AIDS, hepatitis B and hepatitis C, epidemics that have attracted intense government attention. But it also has been criticized for excessive pricing; in 2013, it sparked an uproar when it priced a 12-week course of theHIV/AIDS activists have been upset about the price of Truvada for PrEP for years.

The CDC waged a successful defense of its patent in Europe, strengthening its case that its patents are legitimate, Morten said. Gilead’s Truvada patent expires in 2021; it could be at least two more years before Gilead faces lower-cost competition in the United States.

These drug companies are full of crap. We are the only country where methemphetamines are legal. Believe me, Evening Primrose Oil and Birth Control! Medication that already works! There are no cats in America!

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Tax Changes Hit Overseas Profits of Some U.S. CompaniesP&G and other multinational companies warn that the new tax system, meant to help them compete in foreign markets and create domestic jobs, could instead put them at a disadvantage globally and reduce their incentive to invest at home. Anyone would think the GOP were clueless... Not trumps though? 🤣 Is there a deep irony here? Do they want the other taxpayers to feel sorry for them? Do they still support the GOP in tax reform?
Fuente: WSJ - 🏆 98. / 63 Leer más »

Apple Really Wants You To Know It’s Good At Privacy, Unlike Those Other CompaniesUser privacy was front and center at Apple’s announcement of new streaming, news, and credit card services. Not really. They can be hacked.
Fuente: BuzzFeed - 🏆 730. / 51 Leer más »

Tesla just launched the Model Y — here's why it's the company's most important carThe Tesla Model Y is a crossover SUV, and that's the hottest segment in the car business these days.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

US companies are going public later and later and it's having a major impact on investingUS companies are opting to go public much later than they did in the past which is having a major impact on investing trends and the behaviour of VCs. thanks for updates business insider Well, IPOs can have unintended consequences, some of which cannot be reversed.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »