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US Secures World Stock of Key Covid-19 Drug Remdesivir
US Secures World Stock of Key Covid-19 Drug Remdesivir:
No other country will be able to buy remdesivir, which can help recovery from Covid-19, for next three months at least
The US has bought up virtually all the stocks for the next three months of one of the two drugs proven to work against Covid-19, leaving none for the UK, Europe or most of the rest of the world.
Experts and campaigners are alarmed both by the US unilateral action on remdesivir and the wider implications, for instance in the event of a vaccine becoming available. The Trump administration has already shown that it is prepared to outbid and outmanoeuvre all other countries to secure the medical supplies it needs for the US.
“They’ve got access to most of the drug supply [of remdesivir], so there’s nothing for Europe,” said Dr Andrew Hill, senior visiting research fellow at Liverpool University.
Remdesivir, the first drug approved by licensing authorities in the US to treat Covid-19, is made by Gilead and has been shown to help people recover faster from the disease. The first 140,000 doses, supplied to drug trials around the world, have been used up. The Trump administration has now bought more than 500,000 doses, which is all of Gilead’s production for July and 90% of August and September.
US to buy 500,000 Remdesivir Coronavirus Treatment Courses at $2,340 Each
US to buy 500,000 remdesivir coronavirus treatment courses at $2,340 each:
The US Department of Health and Human Services has agreed to buy 500,000 remdesivir treatment courses, in the wake of clinical trials revealing the drug can help patients recover more quickly from the coronavirus. A five-day course will cost $2,340,or $3,120 for commercially insured patients, biotech firm Gilead Sciences said.
Early last month, the Food and Drug Administration issued an emergency authorization for remdesivir to be used in cases of COVID-19 when patients were "hospitalized with severe disease," shortly after the drug showed "clear-cut positive effect" in a US trial.
[...] "To the extent possible, we want to ensure that any American patient who needs remdesivir can get it," HHS Secretary Alex Azar said in a release.
[...] Gilead CEO Daniel O'Day addressed the higher price for private insurers, according to health site Stat, by noting that there are "always two prices" for a drug in the US. In an open letter, he acknowledged that the company's work on remdesivir is "far from done."
[...] He also said that countries in the developing world will get the drug at greatly reduced prices, through generic manufacturers.
(Score: 2, Offtopic) by The Mighty Buzzard on Sunday July 05 2020, @10:56PM (12 children)
Oh, so now you want him to be President of the World? Make up your mind.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Sunday July 05 2020, @11:05PM (1 child)
He isn't President of the World but he's the President of the country that has bailed out the rest of the World many times over. And the country that would bring absolute global fucking problems if they don't get it under control and end up having to shut down for months.
(Score: 1, Touché) by Anonymous Coward on Monday July 06 2020, @09:51AM
Can you elaborate on bailed out?
(Score: 3, Interesting) by Anonymous Coward on Sunday July 05 2020, @11:13PM (9 children)
I know you live in a fly-over country, and no disrespect, but can't you appreciate the position the US occupies in the world today?
We are not a dinky little country like the UK, France, or even Russia, China or India. We are America, We have military bases all around the world, out navy/carrier groups rule the seven seas.
We print our money like there is no tomorrow and it's still worth something, and Chinese buy them by the bucketloads, because of our global geopolitical/economic position.
Do you think the ancient Romans, got sick of all the barbarians, can simply pull back and stay safe and wealthy?
(Score: 0) by Anonymous Coward on Sunday July 05 2020, @11:21PM
With strong northern and southern borders and a nice stockpile of nukes, the new Romans could indeed pull out and stay safe and wealthy.
(Score: 4, Informative) by c0lo on Sunday July 05 2020, @11:29PM (2 children)
Enjoy it while it lasts.
The latest IMF economic outlook [imf.org] shows a "growth" rate into negative territory for all but one country, I'll let you guess which one.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 0) by Anonymous Coward on Monday July 06 2020, @01:30AM (1 child)
Oh gee... Only China. With all the lies China is telling about covid you can bet your chicken chow mein that China lies about their economic status. Look at all the bullshit Chinese discoveries being posted here.
(Score: 4, Touché) by c0lo on Monday July 06 2020, @01:43AM
Quick. Ask for a public inquiry and, more important, defund IMF [theconversation.com] immediately!
(grin)
And, while at it, defund the police too, don't forget the police.
https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
(Score: 2) by The Mighty Buzzard on Monday July 06 2020, @04:02PM (4 children)
Yes, and I don't give even the slightest of fucks. We are not responsible for $whoever. That's just whiny bitches shitting on the home team because they're feeling bad that they have it better than other nations. The same whiny bitches that shit on their own demographics because they feel bad that their demographic is doing better at something than another one. When siding against the home team is your knee-jerk position, you're not compassionate, you're a fucking traitor.
My rights don't end where your fear begins.
(Score: 2, Funny) by Anonymous Coward on Monday July 06 2020, @04:28PM (3 children)
Mr. Indepedent turns out to be a tribal us vs. them moron.
Anyone else having a total lack of surprise?
(Score: 1, Insightful) by Anonymous Coward on Monday July 06 2020, @07:38PM (1 child)
Have you been paying attention to the libtards' behavior? Or maybe you can't see through your own bias? Ever hear of "cancel culture"???????
The truth is that most people agree that racism is wrong, police brutality is wrong, lack of healthcare is wrong, poverty is wrong, on and on. But they turn against their own countrymen and women- they set themselves apart. They downmod the slightest hint of something they don't agree with. Trump wins election, rioting in streets. I've never seen rioting by conservatives because a D won an election.
There are those who just hate hate hate, and they destroy any unity we had. There's a better, united way of doing things.
(Score: 1, Touché) by Anonymous Coward on Monday July 06 2020, @08:03PM
Nice false narrative you've got there. Shame nobody rioted when Trump took office. Rioting during a president's term - IDK who you think was president when Fergusson went down, but it wasn't a R.
(Score: 2) by The Mighty Buzzard on Tuesday July 07 2020, @01:12PM
You always take care of family first, retard.
My rights don't end where your fear begins.