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(Guardian)   Diplomacy 101: Entertain all your allies by deliberately cornering the market in a critical drug during a global pandemic   (theguardian.com) divider line
    More: Murica, Compulsory license, Trump administration, President Trump, US health, Pandemic, Donald Trump, Agreement on Trade-Related Aspects of Intellectual Property Rights, Royalties  
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5175 clicks; posted to Main » and Politics » on 01 Jul 2020 at 1:17 AM (9 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2020-06-30 7:01:03 PM  
If you're going to let one country buy it all up then f*ck your patents, compulsory license time.
 
2020-06-30 7:03:33 PM  
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.

....

The drug, which was invented for Ebola but failed to work, is under patent to Gilead, which means no other company in wealthy countries can make it. The cost is around $3,200 per treatment of six doses, according to the US government statement.


Sooo ... 640,000 doses at $3,200. How much is our Government going to charge us to use it?
 
2020-06-30 7:08:57 PM  

Nadie_AZ: 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.

....

The drug, which was invented for Ebola but failed to work, is under patent to Gilead, which means no other company in wealthy countries can make it. The cost is around $3,200 per treatment of six doses, according to the US government statement.

Sooo ... 640,000 doses at $3,200. How much is our Government going to charge us to use it?


Its worth noting two things here:

One, the U.S. govt shelled out $70 million in reseasrch funding
and two, the "cost" is actually in the range of $10.  They're CHARGING $3200
 
2020-06-30 11:09:34 PM  

Boo_Guy: If you're going to let one country buy it all up then f*ck your patents, compulsory license time.


THIS
THIS
THIS
 
2020-06-30 11:25:58 PM  

Boo_Guy: If you're going to let one country buy it all up then f*ck your patents, compulsory license time.


It's a biatch to make, even with an optimized approach, but if Gilead was able to scale up, I don't see why Roche couldn't figure it out too.
 
2020-07-01 1:19:19 AM  
Fark user imageView Full Size
 
2020-07-01 1:21:59 AM  
This is all about kick backs and money for donors .. What other reason would Trump have ? He's certainly not doing it in our interest ..
 
2020-07-01 1:22:01 AM  

AAAAGGGGHHHH: [Fark user image image 850x560]


He's kicking himself right now
 
2020-07-01 1:22:09 AM  
1) we don't have any allies left
2) everyone else was able to figure out how to reduce infection rates by listening to science, having actual central leadership, and societal cooperation. The rest of the world knows that will never happen in this country, so they'll let us slide on this, like a parent letting a 6-yr-old win a game of chess.
 
2020-07-01 1:22:26 AM  

koder: Boo_Guy: If you're going to let one country buy it all up then f*ck your patents, compulsory license time.

It's a biatch to make, even with an optimized approach, but if Gilead was able to scale up, I don't see why Roche couldn't figure it out too.


Yeah this is definitely "sue us later" territory.
 
2020-07-01 1:23:18 AM  
LOL.
1776
Yo let's leave the monarchy

2020
Yo we're a damn empire, bro
 
2020-07-01 1:24:17 AM  
So Jared Kushner gets to play god and decide where that medication goes? There's no way that could backfire. Nossir.
 
2020-07-01 1:28:03 AM  
If another country gets the vaccine first, I don't think America should be placed at the bottom of the recipients ..

Fark user imageView Full Size
 
2020-07-01 1:28:30 AM  
Yep. We are the baddies.
 
2020-07-01 1:29:26 AM  

Mister Buttons: If another country gets the vaccine first, I don't think America should be placed at the bottom of the recipients ..

[Fark user image image 401x512]


Too late...healthcare in this country is already crap
 
2020-07-01 1:29:29 AM  
....WE ARE AMERICAN GOOD AT ALL THINGS GOOD OR BAD. MUST... KEEP...WINNING
....
 
2020-07-01 1:29:52 AM  
There's no evidence that Remdesivir improves outcomes.  All it does is shorten your symptoms by a day or two.  "Critical" my ass, and this is exactly the kind of thing the Trump administration would do to funnel money to cronies.
 
2020-07-01 1:30:52 AM  

i ignore u: There's no evidence that Remdesivir improves outcomes.  All it does is shorten your symptoms by a day or two.  "Critical" my ass, and this is exactly the kind of thing the Trump administration would do to funnel money to cronies.


To be fair,
Most meds are only symptom relief.


/
AOC2024
 
2020-07-01 1:30:59 AM  
That's a nice patent you've got there. Sure would be a shame if someone ignored it.
 
2020-07-01 1:31:11 AM  
if there's a dollar to be skimmed, the Trump administration is there!
 
2020-07-01 1:31:19 AM  

fragMasterFlash: So Jared Kushner gets to play god and decide where that medication goes? There's no way that could backfire. Nossir.


Who? Run? Bartertown?
 
2020-07-01 1:32:25 AM  

squirrelinator: koder: Boo_Guy: If you're going to let one country buy it all up then f*ck your patents, compulsory license time.

It's a biatch to make, even with an optimized approach, but if Gilead was able to scale up, I don't see why Roche couldn't figure it out too.

Yeah this is definitely "sue us later" territory.


It's not a miracle drug. It was something like reducing the average hospital stay from 14 to 11 days. Maybe it will work better if given earlier (when there's more viral replication, before the severe symptoms hit) but I haven't seen evidence of that yet. Other countries might not put up too much of a fight for a mediocre product, given that the US would certainly escalate it into another trade war.
 
2020-07-01 1:33:27 AM  
That can't be right. Why buy up the world's supply of a drug for a virus that is a hoax?
 
2020-07-01 1:34:11 AM  
Considering the only study that showed it worked was performed by Giles's and showed dubious gains at best, while another study showed near no benefit, other countries might be getting a better deal out of this in the long run.

Plus, it's main advantage is (maybe) getting people out of hospital a couple of days quicker, which isn't such a major issue in places with lowering case numbers and socialized medicine.
 
2020-07-01 1:35:18 AM  

i ignore u: There's no evidence that Remdesivir improves outcomes.  All it does is shorten your symptoms by a day or two.  "Critical" my ass, and this is exactly the kind of thing the Trump administration would do to funnel money to cronies.


If we reach the worst possible scenario where we have way more people in need of hospital and ICU beds than we have capacity, shortening hospital and ICU stays, even by a few days, will save lots of lives.
 
2020-07-01 1:37:27 AM  
As with everything Trump, the virus is a zero-sum game.
 
2020-07-01 1:43:37 AM  
Yeah, just dump it all over there, next to the piles of hydroxychloroquine.
 
2020-07-01 1:44:15 AM  
'The drug, which was invented for Ebola but failed to work, is under patent to Gilead, which means no other company in wealthy countries can make it. The cost is around $3,200 per treatment of six doses, according to the US government statement. '

I have never heard so much Chinese laughter in my life.
 
2020-07-01 1:51:03 AM  
In their defense, no other country is going to need it more.

/soccer mexico and beach mexico not real countries
 
2020-07-01 1:52:04 AM  
Hope every other country just declares US patents invalid unless they free this up. Would be hilarious and I guess you could complain to the WTO lol oh hang on you said you quit that.
 
2020-07-01 1:52:35 AM  

Nadie_AZ: 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.

....

The drug, which was invented for Ebola but failed to work, is under patent to Gilead, which means no other company in wealthy countries can make it. The cost is around $3,200 per treatment of six doses, according to the US government statement.

Sooo ... 640,000 doses at $3,200. How much is our Government going to charge us to use it?


I wonder how much stock in Gilead was purchased by Trump, his family, and others with inside info about this deal.

SEC will investigate, but no one at the White House will be charged with insider trading.
 
2020-07-01 1:53:25 AM  
Buy the patent, produce the stuff, give it away like candy to any country that needs it. Repair some of the damage done by the menace to society in chief.
 
2020-07-01 1:53:56 AM  
I'm no authority on the intricacies of international drug bidding, but it should be on the pharmaceutical companies to broker fair distribution among nations if they have something that works.  It's not like demand is going to go down if they spread the love.
 
2020-07-01 1:58:28 AM  

DOCTORD000M: That's a nice patent you've got there. Sure would be a shame if someone ignored it.


The IT folks at Gilead are probably hard at work trying to deal with constant hacking attempts since the purchase was announced.

Someone at Gilead with access to the manufacturing info could become a billionaire by passing the info along to other countries.
 
2020-07-01 1:58:46 AM  

gaspode: Hope every other country just declares US patents invalid unless they free this up. Would be hilarious and I guess you could complain to the WTO lol oh hang on you said you quit that.


Who decides how the available doses get split up?  Was this not just a deal between two parties engaged in free trade?

What governing body should regulate the international pharmaceutical market?
 
2020-07-01 2:01:26 AM  
It should be noted that Gilead signed a deal with 5 generic drug manufacturers to allow them to make Remdesivir on a royalty free basis to supply low income countries and some higher income countries because they know they cannot keep up with the world demand. The deal lasts until WHO declares the pandemic over, or another treatment is approved, or a vaccine is available.
 
2020-07-01 2:03:37 AM  
 
2020-07-01 2:09:30 AM  
>which means no other company in wealthy countries can make it.

I wonder if mail-ordering Chinese and Indian-made generic copies would be frowned upon.
 
2020-07-01 2:14:58 AM  

Nadie_AZ: 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.

....

The drug, which was invented for Ebola but failed to work, is under patent to Gilead, which means no other company in wealthy countries can make it. The cost is around $3,200 per treatment of six doses, according to the US government statement.

Sooo ... 640,000 doses at $3,200. How much is our Government going to charge us to use it?


It'll all be spelled out in the pamphlet from Trumpharma.
 
2020-07-01 2:21:03 AM  

Dafatone: i ignore u: There's no evidence that Remdesivir improves outcomes.  All it does is shorten your symptoms by a day or two.  "Critical" my ass, and this is exactly the kind of thing the Trump administration would do to funnel money to cronies.

If we reach the worst possible scenario where we have way more people in need of hospital and ICU beds than we have capacity, shortening hospital and ICU stays, even by a few days, will save lots of lives.


Came here to say both of these things.

Remdesevir hasn't really been proven to do anything. One study showed it shortens time to recovery, but that was funded by Gilead & hasn't been reproduced in a larger study.

Also, as noted, shortening recovery time ain't nothing while we're in a pandemic & there's an ICU bed shortage.
 
2020-07-01 2:28:49 AM  

GrinzGrimly: gaspode: Hope every other country just declares US patents invalid unless they free this up. Would be hilarious and I guess you could complain to the WTO lol oh hang on you said you quit that.

Who decides how the available doses get split up?  Was this not just a deal between two parties engaged in free trade?


'Free Market' isn't the magic sentence you think it is I'm afraid.

People's lives are actually important.
 
2020-07-01 2:30:00 AM  

Nadie_AZ: 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.

....

The drug, which was invented for Ebola but failed to work, is under patent to Gilead, which means no other company in wealthy countries can make it. The cost is around $3,200 per treatment of six doses, according to the US government statement.

Sooo ... 640,000 doses at $3,200. How much is our Government going to charge us to use it?


If you have to ask/worry about that you can't afford it. I've come to realize this and am aware it'll never change for the 99%ers
It's morally criminal and I wouldn't save any of those greedy pos's from any danger 😡
 
2020-07-01 2:49:17 AM  
It's not for you peons, it is for the people at the front of Snowpiercer.

The funny part is that it prolly isn't that effective. But you get to pay for it, anyway.
 
2020-07-01 3:01:28 AM  
But but but...China bad !
 
2020-07-01 3:08:08 AM  
soooo, im guessing all non-US based companies currently working on Cov19 vaccine candidates are watching this?

would be very interesting during the bidding process for US supply if theirs turns out to be the winner.
 
2020-07-01 3:12:04 AM  

Nadie_AZ: 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.

....

The drug, which was invented for Ebola but failed to work, is under patent to Gilead, which means no other company in wealthy countries can make it. The cost is around $3,200 per treatment of six doses, according to the US government statement.

Sooo ... 640,000 doses at $3,200. How much is our Government going to charge us to use it?


Also, if I understand correctly, the course of treatment is 6 doses per patient, so that will cover about 106,000 patients. With 100,000 cases being projected, per day, even if not all require medication, 640,000 doses will probably last about 2 weeks.
 
2020-07-01 3:14:28 AM  

Boondock3806: 1) we don't have any allies left


This. Any "allies" we have are only on board because it's in their best interest ("nice country you got here, it'd be a shame if something happened to it..."), not because they like us. I think that might unfortunately be inevitable for any global superpower, unless fundamental human instinct/behavior dramatically changes.
 
2020-07-01 3:26:30 AM  

ReaverZ: But but but...China bad !


This.

why is it everyone complains about wet markets but all the mask that are available to purchase are made in China
 
2020-07-01 3:43:13 AM  
I think this is the scene of the movie where they go looking for trump and can't find him then someone hears sniffling from the closer and it's trump and he's gone through the entire worlds supply in one night like it's his Sudafed.
 
2020-07-01 3:48:16 AM  

waxbeans: ReaverZ: But but but...China bad !

This.

why is it everyone complains about wet markets but all the mask that are available to purchase are made in China


Oh they will complain when China does the same thing the USA does but it is really wrong when Chinese do it.
 
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