Trump FDA grants drug company exclusive claim on promising coronavirus drug

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Trump FDA grants drug company exclusive claim on promising coronavirus drug

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As healthcare providers across the U.S. desperately attempt to treat a rapidly growing number of patients with the coronavirus, a pharmaceutical company with ties to the Trump administration has been granted exclusive status for a drug it is developing to treat the illness—a potential windfall for the company that could put the medication out of reach for many Americans.

As The Intercept reported Monday, the Food and Drug Administration granted Gilead Sciences “orphan” drug status for remdesivir, one of several drugs being tested as potential treatments for the coronavirus, officially known as COVID-19. The designation is generally reserved for drugs that treat rare illnesses affecting fewer than 200,000 Americans—but companies can be eligible if the designation, as in this case of a rapidly spreading virus, is made before a disease spreads beyond that limit.

About 40,000 Americans had contracted COVID-19 when the orphan status was granted to remdesivir Monday, and the disease is spreading faster in the U.S. than in other countries. By Tuesday afternoon, more than 51,000 Americans had confirmed cases.

Having secured orphan drug status, Gilead Sciences can now profit exclusively off the drug for seven years and could block manufacturers from developing generic versions of the drug which might be more accessible to many patients. The company can set price controls on the drug as well as benefiting from grants and tax credits.

As The Intercept reported, the designation was given to a company where Joe Grogan, a member of President Donald Trump’s “coronavirus task force,” worked as a lobbyist from 2011 to 2017, often working on issues regarding drug pricing.

“This is a massive scandal,” tweeted Ryan Grim, Washington, D.C. bureau chief for The Intercept.

Sen. Bernie Sanders (I-Vt.) called the reports of profiteering by Gilead Sciences, with the support of the Trump administration, “insane and unacceptable” and demanded that treatment for the coronavirus be made free for all Americans.

The Orphan Drug Act of 1983 was passed to ensure medications for rare diseases can be developed, and was meant to benefit companies which may not recoup their research costs after their drugs are put on the market.

But as Sharon Lerner and Lee Fang reported at The Intercept, the “orphan” status is expected to create a massive windfall for Gilead.

“The special orphan designation,” they wrote, “was given to remdesivir despite hefty support by the government for the development of the drug. Gilead Sciences’ remdesivir was developed with at least $79 million in U.S. government funding.”

“The Trump Administration just gave the Gilead pharma corporation a seven-year monopoly, so they can charge patients outrageous prices for the medication we’ve already paid for,” Social Security Works tweeted.

Gilead’s rush to profit off a potentially life-saving drug in the midst of a public health and economic crisis could prove “deeply harmful” to the American people, many more of whom are expected to contract the coronavirus, said government watchdog Public Citizen.

“Remdesivir is one of relatively few medicines that may prove effective in treating COVID-19 this year,” said Peter Maybarduk, director of the group’s Access to Medicines program. “The government should be urgently concerned with its affordability for citizens. Instead, the FDA has handed Gilead, one of the most profitable pharmaceutical corporations on earth, a long and entirely undeserved seven-year monopoly and, with it, the ability to charge outrageous prices to consumers.”

“Gilead has gamed the system by rushing through its ‘rare disease’ orphan drug application,” Maybarduk added. “Its action is disingenuous and outrageous.”

The grassroots group ACT UP, which has fought for decades for equitable access to HIV-AIDS drugs and to healthcare, also expressed outrage on social media.

“This is how pharma greed kills,” the group said.
https://www.rawstory.com/2020/03/this- ... irus-drug/

Typical for the grifters running the country.
Facts do not cease to exist because they are ignored.-Huxley
The illegal we do immediately; the unconstitutional takes a little longer-Kissinger
Reasoning will never make a Man correct an ill Opinion, which by Reasoning he never acquired.-Swift

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Re: Trump FDA grants drug company exclusive claim on promising coronavirus drug

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Yeah sounds about par for the course. Socialize the costs, privatize the gains.

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Re: Trump FDA grants drug company exclusive claim on promising coronavirus drug

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typical.

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Re: Trump FDA grants drug company exclusive claim on promising coronavirus drug

Post by Bisbee »

If things get bad enough, logic states that it will not end well when desperate Americans lose loved ones due to pandemic profiteering.
"It is better to be violent, if there is violence in our hearts, than to put on the cloak of non-violence to cover impotence. There is hope for a violent man to become non-violent. There is no such hope for the impotent." -Gandhi

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Re: Trump FDA grants drug company exclusive claim on promising coronavirus drug

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Amazingly different behaviors of War Time Presidents.

Colt held the patent on the 1911. Look how many companies made 1911s during the war.
It was the same with the design of the Liberty Ships, landing craft, Jeeps, ...
The Government told the Sheaffer Pen Company to make fuses for bombs.
Last edited by sig230 on Wed Mar 25, 2020 8:45 pm, edited 1 time in total.
To be vintage it must be older than me!

From Deep South Texas

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Re: Trump FDA grants drug company exclusive claim on promising coronavirus drug

Post by CDFingers »

Spice.

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Re: Trump FDA grants drug company exclusive claim on promising coronavirus drug

Post by TrueTexan »

Government watchdog Public Citizen celebrated Wednesday afternoon as pharmaceutical giant Gilead Sciences backed off a monopoly claim for its drug that may treat the coronavirus which has sickened more than 487,000 people worldwide. Gilead, Public Citizen said, must now commit to ensuring the drug is accessible to all who need it.

Public Citizen applauded the news as a "big win" for those who spoke out against Gilead Sciences, whose former lobbyist, Joe Grogan, now serves on President Donald Trump's so-called "coronavirus task force."
https://www.commondreams.org/news/2020/ ... poly-claim

Small win if the fine print doesn't give them the right to set the prices.
Facts do not cease to exist because they are ignored.-Huxley
The illegal we do immediately; the unconstitutional takes a little longer-Kissinger
Reasoning will never make a Man correct an ill Opinion, which by Reasoning he never acquired.-Swift

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