) faces a new dilemma in deciding how much it should profit from the only treatment so far proven to help patients infected with the novel coronavirus.
That backlash has subsided considerably in the midst of the coronavirus pandemic, during which drugmakers’ efforts to develop vaccines and treatments is considered essential to battling a disease that has infected some 3.7 million people and killed over 258,000 worldwide. Gilead Chief Executive Daniel O’Day, in the post just over a year, is proceeding with caution. The company is donating enough remdesivir for at least 140,000 patients for distribution by the U.S. government to hospitals nationally.
The Institute for Clinical and Economic Review , which assesses effectiveness of drugs to determine appropriate prices, suggested a maximum price of $4,500 per 10-day treatment course based on the preliminary evidence of how much patients benefited in a clinical trial. Consumer advocacy group Public Citizen on Monday said remdesivir should be priced at $1 per day of treatment, since “that is more than the cost of manufacturing at scale with a reasonable profit to Gilead.
Depends on if the liberals want it released or not
Can’t it be both?
Is this news correct? Chinese pharma BrightGene has successfully copied remdesivir. The Suzhou-based firm has mass-produced remdesivir's active ingredient and is in the process of turning it into finished doses. The company’s stock jumped 20%. What's the Gilead's response?
Lol...seriously?
Ohhhhhh, that's a tough one! Let me think........BWAHAHAHAHAHAHA!!!!!!
Depends if the board likes their heads in their present locations.
Company profits! Nothing changed for the good. What is that for a question?
If the past is prologue...
Perhaps their past actions can help you answer that question
What do you think?
the answer is obvious
Gilead.. like handmaidstale Folks, you need to see the irony here.
Hmmmm, I wonder.
😆 what nanotechnology is in that drug?
Both are good and go hand in hand. If they can’t profit no one invests and if no one invests then inventions don’t come to market.
Nothing good from this blood suckers money, to help the public!vampiresGilead
Duh, for company profit, of course. Because they are all run by shit humans.
You're kidding, right?
You must be new here.
How much of a rush would they be in to develop and distribute the vaccine if it wasn’t ALWAYS about profits? PharmaKing is killing this country not helping it
It could do both and price in the middle.
Dr. Didier Raoult says it has to many side effects.
Hahaha no trick here..... profit 💰💰💰💰
AHAHAHAHAHAHAHA
What a naive question
T shld be for D both coz if it for humanity then how come a firm will run ?
Let me guess . . . .
Is this a rhetorical question?
Im sorry is this a rhetorical question, or nah?
Rhetorical question, right?
Free is a reasonable price
If they took government money then us taxpayers shouldn’t pay a fricken dime!
Insulin
If you have to ask…
Isn't this new drug the same one they used to try and get rid of Hepatitis C? I thought it wasn’t successful?
Take a guess
Bwahahahaha you’re adorable! We know the answer. Question is, can our medical society allow a carrier who has no insurance or visible means of support, free reign to go about infecting others?
Dumb question
Always for profit. They will, however, be scrutinized at every turn. RepKatiePorter will be their worst nightmare👏👏👏
Who can control to not indulge in something profit making..
MargaretAtwood IS THIS THE PREQUEL?
Lol
Company profit obviously. Create problem. Reaction. Sell solution. Computer virus. Computer malfunction. Sell anti virus software? Same goes for COVID-19
Starting bid at 3 trillion dollars a vial lol :)
Really? We all know the answer to that....
HandmaidsOnHulu - is this the prequel
Fuck them
Can you spell price gouging
This explains what’s happening... 🤔 👇
Profit
Aşı için değil tedavi için bu meblağ ve geçmişte bu ilaç firması benzer yüksek fiyatlı ilaçlar sürmüş piyasaya
$4000 ? I’ll take the cash and my chances
Go Gilead. Let Remdesivir save the economy. As long as the cost is reasonable, you’ll be just fine.
No shit sherlock.... the price of that shit will kill them..... sigh.... 😔
The president touted it as a miracle cure and then promised nobody would pay anything. So, easy, the gov has to cut them a check for the drug's development cost. Thank you very much for your DPA performance! Gilead Trump JustThinking
BigPharma pricing strategy ProfitsOverPeople will be in place as usual. Profiteering during pandemic crisis. COVID19 coronavirus drug
Bullshit...also the data regarding redesivir so far has not supported the claim that it is an effective treatment for covid-19
How about “fk the patents” and make the generic version of it. ?
My son has hemophilia... His medicine costs over 5,000 dollars a vile. The say the reason is so few have the disease.. 1/25,000 So whats their excuse now... The have 330,000,000 million patients. 🤪🤪🤪🤪👁👁😁 Don't buy their Garbage..
hydroxychloroquine costs much much less and has been available for decades
Is that the goal? For them to make a profit? Heathens.
Did they simply throw a dart at a board of numbers in order to come up with that price. I'm sure they feel that's fair to patients.
Profit from a global catastrophe. Profits over human lives. Greed is good. This is not cool.
But Israel has developed a cure... so?
Hydroxychloroquine = 10 cents a pill ... WIN! 💪🏻 China wants to patent Gilead Corona vaccin... investor are Bill and Melinda foundation, soros, Rotschild,... NO GO! 🙅🏼♂️
Pholoho MotheoMothupi TheRealDemoCast 👀
Spoiler alert: Profit = public good Or did you think Gilead just pulled this product out of an unprofitable business model? Morons.
They developed it for Ebola and did not work on ebola. So no money was spend on covid treatment development it is a bonus for Gilead. Besides, no country will license them enter their market with such ridiculous prices.
Enough
Oh dear god, this thing trialed worse then some over the counter flu suppliments in china. why is it worth so much ?