"It's unprecedented to price the drug below the medical costs that it's saving," Porges said, adding that remdesivir could save up to $40,000 per patient, if it prevents a COVID-19 patient from needing the ICU. And there's even more value that's not built into Gilead's price, he says.
That said, ICER President Steven Pearson noted that this reasoning assumes remdesivir will eventually be shown to improve COVID-19 survival — something research hasn't yet proven.by the National Institute of Allergy and Infectious Diseases published at the end of April indicated that remdesivir can shorten COVID-19 patients' hospital stays by about four days. But it's unclear whether the drug also improves survival.
The drug price will send a message to companies working on other treatments, vaccines and cures for COVID-19. They have been watching remdesivir closely to find out what kind of reward they might expect for their investments, should their own treatments pan out.
DrRimmer Lol
Now everything is clear..Remdesivir needs you to fall in to the Hospital so they can cash in $3.120 for every one!!! Nice business!!!, That's why they need to KILL Hydroxychloroquine ZelenkoProtocol ZINC+HCQ+AZ is the only Treatment viable today!!! and cost US$25
The same price for most entry level Coffins.. Got you either way. AffordableHealthCare ?
Trump is buying all the remdesivir, We must ban that criminal country! Egoists.
My COVID treatment is to just go into the woods and die. It’s the least expensive treatment option as an American.
And the government wonders why people refuse to wear masks. Stuff like this allows people to go further with their conspiracies... which leads more people to saying screw it and going out in spite. Good job America.
I don't have health insurance or $3000 so I guess I better stay home!
The Truth About Coronavirus Treatments
The first person in Oregon to contract Covid-19 was treated with Remdesiver and was in the hospital for 91 days. Where was the shortening? From 15 days to 11? I don't buy it.
I love the smell of capitalism in a pandemic
😭🤝💵
Oh yeah sure let me jump on that insulin shot that you are going to make 3120 dollars on -5 for the insulin😂😂
Loooool
Human life finally gets its price tag.
Congress has to pass regulation about drug price.
Listening to WRKF reporting yesterday about this, I was shocked hearing NPR seeming so supportive of the price.
Ipix through Brilacidin is under the scrutiny of the US Government whether to provide GRANT money to further Brilacidin as a treatment for Covid-19. Probably the most important subject at the present time for the entire world population.
Unfortunately, that's seen as a reasonable price for a complete course of treatment by today's standards.
Reminder that US tax payers funded the R&D of this drug while Gilead dodges over $10 billion in US taxes.
Of course
So we bid war for PPE and now we price gauge for the remedy 🤦♀️🤦♀️ OH BOY anything to make a $$$$
Ka-ching💰💰💰for big pharma🤬
It's okay to steal, as long as you're a huge multinational corporation and it's millions of dollars in taxpayer money instead of a loaf of bread to feed your sister's child. No, for that you go to jail.
Assholes...
Let me pull $3000 out of my ass.
What a fvcking joke this country is
Stealing from the masses the legal way. overpricedpharmadrugs
I mean this has been an issue for many life saving drugs for some time. Just look at the epi pen, novolog, lantus, and so many others.
Predatory. 'Nuff said.
For an extra $50, your doctor can knock you over the head and steal your wallet.
So. More people will die because only the rich can afford it.
Interesting, Gilead has been testing this on patients in Asia for a few months now free of charge. I wonder if this price is only for North America.
This is scandalous. The USA is sick, and I'm not talking about coronavirus 😕
12.5k for a family of four. According to my medical friends, a whole house gets COVID. According to my friends-of-the-family who all had COVID for 6 weeks, that seems correct. Start saving your unemployment checks - knew they’d come in handy.
So prohibited drugs proven effective in China，which one is really cheap！
The UK (oxford university)is also doing well on a treatment for covid, they also put out a price , they said they would do it for cost. Was either $5 or £5. I guess that's your world class health system. Max profit at any cost, then they tell you how much they care about you
Fuuuuuuuuuck. And how much does the hospital stay run?
That's why I hope an European country discover the Covid19 vaccine. They seems to be good at controlling price gauging.
It’s already up a thousand from yesterday
Wow, how the pharmaceuticals get the money to research? Then give that outrageous price tag back to the public like gtfoh, this is ridiculous.....
Don’t worry... Trump already said the Fed Gov’t is paying for ALL diagnosis and treatment!!
If Trump gets his way we're all going to die because we won't have insurance or jobs to pay for it.
And stockholders are wondering, “Why not $3500 or more for the treatment?”...
If this is an old drug their is no justifiable way this isn’t illegal price gouging.
No wonder Fauci wanted that instead of cheap-ass chloroquine...
how much is hydroxychloroquine?
So either pay for a drug the taxpayers already paid for to shorten our stay at a hospital which is already expensive, stay longer at the hospital which is obviously even more expensive, or possibly die? We need to stop paying taxes. It’s already theft anyways.
Pretty cheap really
The research for the drug was probably taxpayer funded. Now they will Rob is again when we get sick. The American dream
Not surprised by big pharma, they legit said trying to balance profit and public health. They don't give a fuck about those that need it, especially those that so desperately need it, will more than likely die. They just want to make money. This is unforgivable.
Price gouging - so only rich & the insured can be healed at a time when this administration tries to destroy Obama Care -
Definitely cheaper than 4 days hospital stay, but makes way more sense if you have publicly funded healthcare instead of having to beg an insurance company to cover the costs or face financial ruin.
lol private healthcare is a joke no wonder we're losing to this disease
I am guessing if you have no insurance you just die?
Only remdisivir cut survival rate. Has serious side effects. Not the first choice of drugs.
I thought drug companies were given huge amounts to discover these types of medications? Why then charge the consumer so much?
The saddest part? Still way cheaper than staying in the hospital for five days
I wonder what it costs to produce? Five, 10, 25, $100
i appreciate the accurately worded tweet. the worst part about remdesivir is that it’s neither a cure nor vaccine — it’s a stop gap medication to shorten one’s time in the hospital recovering from c19
China needs to pay everybody hospital bills for Covid-19 treatments. We didn’t ask for this.
Only the one percent will buying that.
Make it a double for me thanks.
Well I mean bunkerbitch did say he gave us transparency in drug costs. So now we know how poor we are when we die because he’s trying to make sure you don’t have insurance when you need it.
So how about the US Government step up and makes sure that no one ever has to be denied this treatment because they don’t have insurance.
So basically a Texas worth of covidiots could cover the grant if oil were still at $50+/bbl, and the rest would be R&D gravy.
Well that would get me to my $11,000 deductible faster
It could be worse. JazzPharma bills my insurance $16k per month for my medication
this is why we can’t let big pharma do things
I’ll stick to boiled lemons and limes.
Accessible healthcare where? American pharma needs a deep deep reform asap
How much is it if I steal it? Because that's the only choice I will have to get it. M4A
Just give it a year or 4 more. He’s going to make so many beautiful drug companies do the most perfectly wonderful things and we’ll just say what a great deal maker piece of shit he was.
This is absurd. This is beyond indecent.
Meanwhile inexpensive anti-malaria medications are ‘bad.’
This is obscene.
Yeah, that's gonna save lives.
I’m going insane
Medicine isn't a commodity. Our tax dollars paid for the research. MedicareForAll
A hot deal compared to your $150,000 five day hospital stay bill 🙄🙄🙄
Where are government now we need a stimulus package for this bull s hit !
oh hey look the looting is back
I’d rather have the virus for free and recover.
I'm sorry to say but I think you've misspelled 'free for everyone'
And the majority of the cost was paid for with government subsidies and funding. Fucking disgusting.
America
What a joke for American's
Great, can everyone get mad now and fight for universal healthcare?
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