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(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  
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1922 clicks; posted to Main » on 29 Jun 2020 at 11:20 AM (13 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



Voting Results (Funniest)
View Voting Results: Smartest and Funniest

 
2020-06-29 11:23:39 AM  
5 votes:

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 11:22:56 AM  
5 votes:
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 10:44:21 AM  
4 votes:

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 12:00:16 PM  
3 votes:
Thank god, that free give away killed my stock price.
 
2020-06-29 11:40:51 AM  
3 votes:
If you lived in India, you'd get it for way cheaper.
 
2020-06-29 11:32:12 AM  
3 votes:

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 11:26:24 AM  
3 votes:

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


Needs the caption from this one:
i.imgur.comView Full Size
 
2020-06-29 11:22:32 AM  
3 votes:
Remember, this is the Republican platform.
 
2020-06-29 11:21:19 AM  
3 votes:
Fark user imageView Full Size
 
2020-06-29 11:31:59 AM  
2 votes:

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 12:59:41 PM  
1 vote:

The Yattering: They have forgotten the faces of their fathers


If only there was a Gunslinger who could set them straight
 
2020-06-29 12:31:27 PM  
1 vote:

Magorn: One of the serious reforms I would like to see taken up in whatever Healthcare bill the Dem Congress debates next term is the creation of a US Pharmaceutical Manufacturing Authority who would have the authority to manufacture (or more realistically contract with an existing drug factory to manufacture) any off-patent or generic drug whose price has increased more than a certain percent in the last year.  basically any time a would be Shkrelli or Valeant tries to pull that "orphan drug " shiat we could flood the market and put them out of business.  (I'd also go farther and give them the power to exercise "eminent domain" on drug patents and allow them to "buy out", at "fair market value" (as determined by a jury)  the patents of prescription drugs when they are larcenousy priced


I don't think you understand what the root problems are if you think any of that is a workable solution.

It's like having an incredibly long and expensive system for doing building permits, then saying we need to set up a whole other bureaucracy to do cheaper finished basements.
 
2020-06-29 12:30:07 PM  
1 vote:

cretinbob: AdmirableSnackbar: cretinbob: Surpheon: This is freeing up expensive beds

No, it's freeing up cheap beds. People in ICU, the expensive beds, see little benefit.

This is straight up price gouging.
They were charging $9.60 before this.
What justifies them raising it to over $3000, morally or ethically?

Capitlism.

Captialism is neither moral nor ethical.


In the United States of America morality and ethics are determined by how much money you have and nothing else.
 
2020-06-29 12:28:33 PM  
1 vote:

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

Do you know how much hospital stays cost?  That's definitely a good deal based on those numbers.


Yes, I do.
and always read the whole thread first.
 
2020-06-29 12:28:04 PM  
1 vote:

AdmirableSnackbar: cretinbob: Surpheon: This is freeing up expensive beds

No, it's freeing up cheap beds. People in ICU, the expensive beds, see little benefit.

This is straight up price gouging.
They were charging $9.60 before this.
What justifies them raising it to over $3000, morally or ethically?

Capitlism.


Captialism is neither moral nor ethical.
 
jbc [TotalFark]
2020-06-29 12:20:14 PM  
1 vote:

flondrix: If it is because drugs are cheaper to make in other countries (which might be true, but not by three or four orders of magnitude), they why don't we import these drugs from the countries where they are available at a lower price, as we do with everything else?


Among other reasons, because American pharmacists will lose their damn minds when they find out how cheap it is to get Lithuanians or Filipinos to count to 30.
 
2020-06-29 12:16:49 PM  
1 vote:

cretinbob: Surpheon: This is freeing up expensive beds

No, it's freeing up cheap beds. People in ICU, the expensive beds, see little benefit.

This is straight up price gouging.
They were charging $9.60 before this.
What justifies them raising it to over $3000, morally or ethically?


Capitlism.
 
2020-06-29 12:00:03 PM  
1 vote:
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 11:53:25 AM  
1 vote:

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 11:49:04 AM  
1 vote:
Also, its not $3k per dose, rather per full treatment duration
 
2020-06-29 11:44:31 AM  
1 vote:
I found his picture

biospace.comView Full Size
 
2020-06-29 11:36:21 AM  
1 vote:

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 11:36:04 AM  
1 vote:

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 11:34:33 AM  
1 vote:

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 11:31:03 AM  
1 vote:

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 11:28:40 AM  
1 vote:
Drugs are totally cheap to develop and test. Doesn't cost much at all. Filthy pharma execs.
 
2020-06-29 11:24:13 AM  
1 vote:
yes, I'm pissed
 
2020-06-29 11:24:06 AM  
1 vote:
So when do the riots about this shiat start?
 
2020-06-29 11:22:42 AM  
1 vote:
We're going to American ourselves to death.
 
2020-06-29 10:51:12 AM  
1 vote:
Ghouls.
 
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