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General News 7/4/2020 at 11:16 PM EDT H3'ed 7/4/20

'Absolute Robbery': Gilead Announces $3,120 Price Tag for Covid-19 Drug Developed With $70 Million in Taxpayer Support

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"Taxpayers provided funding for the development of this drug. Now Gilead is price-gouging off it during a pandemic. Consumer advocates reacted with disgust Monday to an announcement by Gilead Sciences that it will charge U.S. hospitals around $3,120 per privately insured patient for a treatment course of remdesivir, a drug which has proven modestly effective at speeding Covid-19 recovery times.Beyond disgusting," said Sen. Bernie Sanders.

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I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)

Related Topic(s): Drug Companies- Marketing; Funding; Pandemic; Price Controls, Add Tags

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