Skip to content
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(CBS News)   Remember how Gilead Pharmaceuticals "generously" stepped up and donated its entire supply of the antiviral drug Remdesivir to fight the pandemic? Well, first taste was free, now it's going to cost $2,400-$3,100 a dose   (cbsnews.com) divider line
    More: Followup, Developed country, Price, Cyprus, COVID-19 treatment remdesivir, Gilead CEO Dan O'Day, international COVID-19 drug trial, Virus, Developing country  
•       •       •

1931 clicks; posted to Main » on 29 Jun 2020 at 11:20 AM (2 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



120 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest


Oldest | « | 1 | 2 | 3 | » | Newest | Show all

 
2020-06-29 10:39:52 AM  
That's a steep price to pay for 60% of people to maybe get 3 days cut off their hospital stays.
 
2020-06-29 10:44:21 AM  

cretinbob: That's a steep price to pay for 60% of people to maybe get 3 days cut off their hospital stays.


Getting health care in the United States is ridiculously expensive and everyone seems to really like it that way.
 
2020-06-29 10:51:12 AM  
Ghouls.
 
2020-06-29 10:58:54 AM  
Dude, they were bragging it was less than$10 for the entire course of treatment. Remember, the best thing they could say about it was it didn't kill you outright, and possibly it shortened the length of the hospital stay.
It doesn't change mortality. If you are going to die or go on a vent, you are going to die or go on a vent.
It's not a cure. If it worked in 90%+ of people and changed mortality, then sure, it would be worth it.
And I'm not saying don't use it, I'm saying fark these guys.
 
2020-06-29 11:06:32 AM  
Somebody on Fark predicted this.
 
2020-06-29 11:12:26 AM  
Wait, my bad. I gave some incorrect information
It only helps 47% of people if you are on oxygen, and the numbers of people it helps who are worse than that goes down rapidly

That's the study from Gilead. An independent study concluded it did nothing, but again, it didn't kill you outright so go for it.
 
2020-06-29 11:21:19 AM  
Fark user imageView Full Size
 
2020-06-29 11:22:32 AM  
Remember, this is the Republican platform.
 
2020-06-29 11:22:42 AM  
We're going to American ourselves to death.
 
2020-06-29 11:22:56 AM  
Like I've said before, there should be 2 weeks a year when it's legal to hunt pharmaceutical execs. With a permit of course.
 
2020-06-29 11:23:39 AM  

AAAAGGGGHHHH: [Fark user image 850x560]


Thanks a lot.  I just punched my screen because of you.  It was a reflex response to seeing that face.
 
2020-06-29 11:24:06 AM  
So when do the riots about this shiat start?
 
2020-06-29 11:24:13 AM  
yes, I'm pissed
 
2020-06-29 11:24:23 AM  

cretinbob: Wait, my bad. I gave some incorrect information
It only helps 47% of people if you are on oxygen, and the numbers of people it helps who are worse than that goes down rapidly

That's the study from Gilead. An independent study concluded it did nothing, but again, it didn't kill you outright so go for it.


Gilead's business model has always been making placebo caliber compounds and using their board of directors connections to commercialize them.

Not sure they've ever made an effective drug.
 
2020-06-29 11:25:58 AM  
That cost is for a typical course of treatment, not for a single dose.  But still, good grief.

What happened to Favipiravir?  It as all over the news at one point and I haven't read much about it in weeks, except that the Russians were making a (variant? clone?) of it.
 
2020-06-29 11:26:24 AM  

AAAAGGGGHHHH: [Fark user image 850x560] [Martin Shrekaloogie]


Needs the caption from this one:
i.imgur.comView Full Size
 
2020-06-29 11:26:26 AM  

edmo: Somebody on Fark predicted this.

Somebody on Fark predicted this.


FTFY
 
2020-06-29 11:28:40 AM  
Drugs are totally cheap to develop and test. Doesn't cost much at all. Filthy pharma execs.
 
2020-06-29 11:30:53 AM  
Ah, truly the Kingdom of Gilead is at hand!
 
2020-06-29 11:31:03 AM  

Gheist: Drugs are totally cheap to develop and test. Doesn't cost much at all. Filthy pharma execs.


Relative to marketing costs, this is a true statement.
 
2020-06-29 11:31:59 AM  

Gheist: Drugs are totally cheap to develop and test. Doesn't cost much at all. Filthy pharma execs.


Gilead donated the entire current supply because it cost less than $10 for an entire 10 day course of treatment. That's what they were charging before. This is not a new drug, but thanks for playing.
 
2020-06-29 11:32:12 AM  

Moopy Mac: Gheist: Drugs are totally cheap to develop and test. Doesn't cost much at all. Filthy pharma execs.

Relative to marketing costs, this is a true statement.


You don't know what you are talking about
 
2020-06-29 11:34:33 AM  

Gheist: Drugs are totally cheap to develop and test. Doesn't cost much at all. Filthy pharma execs.


Well, cheap to develop and test compared to what is spent advertising them, anyway.

I was gonna go on my rant about how we keep drugs exclusive to one company long after they should be generic, but I see that Remdesivir was developed starting in 2009 and granted a patent in 2019, so it's legitimately still under patent.

Still, I would be curious what the anywhere-but-the-USA price is.
 
2020-06-29 11:36:04 AM  

Gheist: Drugs are totally cheap to develop and test. Doesn't cost much at all. Filthy pharma execs.


Cheap for the drug dealers, at least.  Since the bulk of legitimate development and testing is either done at federal/university labs or is being subsidized by the feds.  But shareholders and the CEOs need their shares of theft.
 
2020-06-29 11:36:21 AM  

Gheist: Drugs are totally cheap to develop and test. Doesn't cost much at all. Filthy pharma execs.


Did you miss this part:
The price of the drug is coming under criticism, with consumer advocacy group Public Citizen pointing out that the treatment was developed with at least $70 million in taxpayer funds.

Give the American public at least $70 million worth of the drug for free, then we'll talk, but you are still charging too much. They are using the typical pass the buck excuse "Well that's just what we charge the hospitals and insurance companies, not the patient. The patient pays whatever their hospitals and insurance companies say they have to. They are the baddies, not us"

/why not all?
 
2020-06-29 11:36:44 AM  

Veloram: edmo: Somebody on Fark predicted this.

Somebody on Fark predicted this.

FTFY


[Everyone predicted that]

This kind of behavior from pharma companies is so ordinary it hardly warrants comment now.  Price gouging is the intended result of the laws and regulations that govern the industry.  They paid good money to buy those laws, and now they're getting a return on their investment.
 
2020-06-29 11:38:13 AM  
people could continue social distancing, masks, hygiene, etc. that would make sense. But now there's a drug that doesn't actually cure anything that gives people false hope so f*** it let's go to the beach let's go to the movies let's go to a restaurant! Sure, your grandmother is going to die but look at my fancy new hairdo
 
2020-06-29 11:38:17 AM  

Gheist: Moopy Mac: Gheist: Drugs are totally cheap to develop and test. Doesn't cost much at all. Filthy pharma execs.

Relative to marketing costs, this is a true statement.

You don't know what you are talking about


White knighting Big Pharma?
You are a POS.
 
2020-06-29 11:38:55 AM  

Gheist: Moopy Mac: Gheist: Drugs are totally cheap to develop and test. Doesn't cost much at all. Filthy pharma execs.

Relative to marketing costs, this is a true statement.

You don't know what you are talking about


Watch this, then get back to me :
https://www.imdb.com/title/tt7909184/​

Valeant Pharma, once Wall-street's favorite drug company opearated on a business model of buying hundred of smaller drug companies, slashing R&D budgets or eliminating them entirely, and then cranking the prices of the drugs they already had under patent
 
2020-06-29 11:39:09 AM  
So much for the Balm in Gilead...
 
2020-06-29 11:40:48 AM  
i.imgur.comView Full Size
 
2020-06-29 11:40:51 AM  
If you lived in India, you'd get it for way cheaper.
 
2020-06-29 11:41:53 AM  

H31N0US: cretinbob: Wait, my bad. I gave some incorrect information
It only helps 47% of people if you are on oxygen, and the numbers of people it helps who are worse than that goes down rapidly

That's the study from Gilead. An independent study concluded it did nothing, but again, it didn't kill you outright so go for it.

Gilead's business model has always been making placebo caliber compounds and using their board of directors connections to commercialize them.

Not sure they've ever made an effective drug.


They literally cured HCV. Just because you don't like the pricing doesn't mean you need to make shiat up
 
2020-06-29 11:44:31 AM  
I found his picture

biospace.comView Full Size
 
2020-06-29 11:47:15 AM  

flondrix: Still, I would be curious what the anywhere-but-the-USA price is.

$600 FTFA

cretinbob: That's a steep price to pay for 60% of people to maybe get 3 days cut off their hospital stays.


3 days in the hospital costs more than $3k. Another article was saying that just shortening the hospital stay would save ~$12k per patient
 
2020-06-29 11:49:04 AM  
Also, its not $3k per dose, rather per full treatment duration
 
2020-06-29 11:49:12 AM  
$3100 to get out of hospital three days early seems a win all around. I had a three day stay and the hospital billed insurance $18000. Lower overall cost of care and it frees up beds.
 
2020-06-29 11:50:46 AM  

satanorsanta: H31N0US: cretinbob: Wait, my bad. I gave some incorrect information
It only helps 47% of people if you are on oxygen, and the numbers of people it helps who are worse than that goes down rapidly

That's the study from Gilead. An independent study concluded it did nothing, but again, it didn't kill you outright so go for it.

Gilead's business model has always been making placebo caliber compounds and using their board of directors connections to commercialize them.

Not sure they've ever made an effective drug.

They literally cured HCV. Just because you don't like the pricing doesn't mean you need to make shiat up


Don't be a heroin junkie or have unprotected sex with junkies and you wouldn't get it in the first place.
And they are just the manufacturers.

Gilead is just the manufacturer. Sofosbuvir was developed by a small company, and when it showed promise, Gliead bought them out.
 
2020-06-29 11:51:37 AM  

satanorsanta: Also, its not $3k per dose, rather per full treatment duration


read all the posts
 
2020-06-29 11:52:20 AM  

cretinbob: Don't be a heroin junkie or have unprotected sex with junkies and you wouldn't get it in the first place.


Or get a blood transfusion in the 70's. Friend's mom died that way
 
2020-06-29 11:52:20 AM  

Magorn: Gheist: Moopy Mac: Gheist: Drugs are totally cheap to develop and test. Doesn't cost much at all. Filthy pharma execs.

Relative to marketing costs, this is a true statement.

You don't know what you are talking about

Watch this, then get back to me :
https://www.imdb.com/title/tt7909184/

Valeant Pharma, once Wall-street's favorite drug company opearated on a business model of buying hundred of smaller drug companies, slashing R&D budgets or eliminating them entirely, and then cranking the prices of the drugs they already had under patent


I also suspect significant price fixing of approved drugs.  We have a friend who takes a common daily cancer med that was approved in 1982 and is off-patent. There are two similar approved drugs which were also approved in the 80s and also off-patent.  The pharma company was charging the insurance company and our friend $120,000/year for these tablets which cost something like $0.10 per pill if that.  It should be $10 or $50  per year.
All three pharma companies charged nearly the same amount for their similar drugs almost to the penny.
But free market, amirite?
 
2020-06-29 11:53:25 AM  

cretinbob: This is not a new drug, but thanks for playing.


Actually, it is:
Remdesivir was originally created and developed by Gilead Sciences in 2009...the USPTO granted two patents on remdesivir to Gilead Sciences on April 9, 2019

Trust me, I am the first to scream when a drug that has existed since the 19th century packaged in an autoinjector developed for the US Army in the 1970's is being sold as a two-pack (so you have to throw them both away when they reach the expiration date) for over $400, but this drug really does fall within the scope of "securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries."[ For now, anyway.
 
2020-06-29 11:53:55 AM  

UncleDirtNap: Like I've said before, there should be 2 weeks a year when it's legal to hunt pharmaceutical execs. With a permit of course.


Why would the execs we are hunting need a permit?

Oh... I see. Do it all like 'a most dangerous game', but secretly outnumber the wealthy 1000 to 1. But... to keep it sporting, we give them an M-16 (original Vietnam issued model with the ball ammo and no cleaning kit.) The "poors" are each issued a daisy BB gun and a wrench.
 
2020-06-29 11:55:54 AM  
What I found interesting was: "it will charge $3,120 for patients with private health insurance. Patients who are covered by government programs like Medicaid will be charged $2,340 for a typical treatment course."

Yay private healthcare... Countries that let generic manufacturers produce it have the price at about $600 per course of treatment, so it looks more like 'just' a 500% markup for everyone else. Sure we should all yell at them to highlight how idiotic the US pharma grifting program is, but sorry - my heart's just not in it. Remdesivir really does appear to have double-blind proven benefits. Drop the billions on them but only if they agree to spend it on increasing surge production and getting us 10 million doses in the next 60 days. Even if it has no benefits on reducing mortality (which isn't proven yet), shortening hospital stays by 15% is a huge deal. We need those beds in the US with all the Covidiots we have plague-ratting around.
 
2020-06-29 11:55:56 AM  

cretinbob: That's a steep price to pay for 60% of people to maybe get 3 days cut off their hospital stays.


Actually it is probably cost neutral to slightly cheaper than the hospitalization (each day in a hospital is easily 1-2k). That is how drugs are all priced nowadays. Has nothing to do with R&D or manufacturing costs and everything to do with the maximum amount that can be justified.
 
jbc [TotalFark]
2020-06-29 11:57:49 AM  
Gillead continues driving people to flee to Canada.
 
2020-06-29 12:00:03 PM  
Less than 500 dollars a dose, for a typical 5 day treatment to save your life?
Yeah, to me it's worth it.
 
2020-06-29 12:00:16 PM  
Thank god, that free give away killed my stock price.
 
2020-06-29 12:00:59 PM  

The_Homeless_Guy: cretinbob: That's a steep price to pay for 60% of people to maybe get 3 days cut off their hospital stays.

Actually it is probably cost neutral to slightly cheaper than the hospitalization (each day in a hospital is easily 1-2k). That is how drugs are all priced nowadays. Has nothing to do with R&D or manufacturing costs and everything to do with the maximum amount that can be justified.


Based on the article, they are departing from the standard scam of pricing drugs based on how much other treatment they avoid. This is freeing up expensive beds - if they tried standard pricing they'd be around $30k, which would probably make even Trump call and emergency and yank their patent protection, at least in Red states (I'm lazy, but I'm pretty sure there is some obscure national security path that'd allow this, as if Trump would care about stuff like 'being legal').
 
2020-06-29 12:03:58 PM  

flondrix: cretinbob: This is not a new drug, but thanks for playing.

Actually, it is:
Remdesivir was originally created and developed by Gilead Sciences in 2009...the USPTO granted two patents on remdesivir to Gilead Sciences on April 9, 2019

Trust me, I am the first to scream when a drug that has existed since the 19th century packaged in an autoinjector developed for the US Army in the 1970's is being sold as a two-pack (so you have to throw them both away when they reach the expiration date) for over $400, but this drug really does fall within the scope of "securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries."[ For now, anyway.


I meant developed specifically due to COVID since it began. I was not clear on that point.
 
Displayed 50 of 120 comments


Oldest | « | 1 | 2 | 3 | » | Newest | Show all


View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking





On Twitter




In Other Media
  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.