'Big Win': Caving to Pressure Campaign, Gilead Sciences Relinquishes Monopoly Claim for Promising Coronavirus Treatment
Keep the pressure on. In related efforts:
Liberty Mutual is insuring tar sands projects that threaten Indigenous communities. These tar sands projects and pipelines risk polluting the water supply these communities depend on, putting the health and well-being of entire communities in jeopardy. [ These pipelines are being built without the consent of Indigenous peoples and against their sovereignty. ]
Demand that Liberty Mutual end the 8.9 BILLION backing of tar sands.
Walk the talk
Their land, sovereignty, and health are impacted daily while companies like Liberty Mutual continue to profit.
Share far and wide
When a virus vaccine is developed, it must be FREE FOR ALL.
And, now is the time to get remdesivir into full production. Currently it is only being available to the military and it should be there for the entire world.
Hooray !! A victory for US … for a change.
Looks like the “Gunslinger” hit his mark.
Ive been following Remdisivir and their progress ever since the outbreak in China. Obviously the author of this article didn’t know that Gilead labs already had planned on giving this drug away IF and ONLY if it passes fulle FDA approval. Their objective never has been to “monopolize” an antiviral market… It is not only the best hope for a legit medicine to control infected people but it is further along than any other anti-viral for US FDA approval (Chloroloquine is NOT and antiviral). Their rejection of Orphan drug status has less to do with “pressure” from those making this a political issue, and MORE about getting a quicker full FDA approval to get this out to the masses. An orphan status limits a specialized medicine to only 200,000 recipients. And would require an additional 220 days of further testing/research. According to Gilead labs they have been very clear that they plan on getting the drug distributed for free or at very low cost (made those statements a month ago). If you don’t believe me look at their stock prices that have gone down after they had the first approval and said they don’t want to profit during this crisis. It is somewhat funny to me that so many people are looking for enemies and looking to finger point during a time when we need a VACCINE and ANTIVIRALS. If this drug is effective per results of their 2nd and 3rd studies…it could save MILLIONS of lives. Of course if they go broke and can’t pay their scientists and employees and seize to exist next year who will provide the drugs? I suppose you expect your government to properly research, create and distribute drugs to the masses that really work. Good luck with that!!!
I just love a good Freudian slip like that–it’s capitalism’s whole business plan in a nutshell.
Those who have stock in this company still stand a chance of making a lot of money. But with this back off at least it’s not greed
Bernie did it.
It’s reassuring to see these new “first-timers” to Common Dreams have faith in the Pharmaceutical Industry that has worked hard within the government to stymie competition, inflate prices, and pay little to no taxes.
Government already regulates the industry, so turn over operations too. Buy out these companies. I would like to see a little eminent domain practiced here.
Pennies on the dollar.
Oh, that only happens mom and pop businesses.
(Chloroloquine is NOT and antiviral).
Yes, but that raises some serious questions about those who have taken charge of our government.
And at like FDA approval is anything but a lock whether it works or not. Lets not forget all the lawsuits filed against drugs we see commercials about everyday, were at one time approved by the FDA.
Would that be the “Foolhardy Drug Approval” agency?
People take it to get rid of their pimples, only to find out that it causes heart failure.