This article exists as part of the online archive for HuffPost India, which closed in 2020. Some features are no longer enabled. If you have questions or concerns about this article, please contact indiasupport@huffpost.com.

Remdesivir: Donald Trump Buys Up Almost All Stocks Of Drug Used To Treat Coronavirus

Trials found that the anti-viral drug can reduce the recovery time of Covid-19 patients by four days.
US President Donald Trump
SAUL LOEB via Getty Images
US President Donald Trump

The United States has bought up virtually all stocks of a drug shown to reduce the recovery time of Covid-19 patients.

Trials suggested Remdesivir – an anti-viral drug first developed to tackle Ebola – could cut recovery time by around four days.

The US said it had secured more than 500,000 courses of the drug, which is produced by US pharmaceutical firm Gilead, for American hospitals.

This represents 100% of Gilead’s projected production of the drug for July (94,200 courses), 90% of production in August (174,900 courses), and 90% of production in September (232,800 courses), alongside an allocation for clinical trials.

US health secretary Alex Azar said in a statement: “President Trump has struck an amazing deal to ensure Americans have access to the first authorised therapeutic for Covid-19.

“To the extent possible, we want to ensure that any American patient who needs Remdesivir can get it.

“The Trump administration is doing everything in our power to learn more about life-saving therapeutics for Covid-19 and secure access to these options for the American people.”

In May, the United Nations announced a £6.5bn programme to speed up global access to safe, affordable and universal coronavirus vaccines and medicines.

Secretary general Antonio Guterres said at the time that treatments must be safe, affordable and “available for everyone, everywhere”.

Oxford University’s Professor Peter Horby, chair of the New and Emerging Respiratory Virus Threats Advisory Group (Nervtag), said manufacturer Gilead would be under “certain political pressures locally” as a US company.

Gilead logo is seen at its office in Foster City, California, United States
SIPA USA/PA Images
Gilead logo is seen at its office in Foster City, California, United States

He told BBC Radio 4’s Today programme: “It does raise two very important questions: what is a fair price for a drug, and what is fair access to a drug, and those are common issues but are particularly important in a global crisis like this.

“That’s part of the fair access question – the trial that gave the result that allowed Remdesivir to sell their drug wasn’t just done in the US. There were patients participating through other European countries, in the UK as well, and internationally – Mexico and other places.

“And I wonder how they would feel knowing now that the drug is going to have restricted availability in their own country and would they have volunteered for that trial if they had known that?”

It also raises questions if a vaccine is found, he said.

“Commercial companies are built to behave like this and we need a much stronger framework if we are going to develop these things and they’re going to be used for national emergencies.”

Gilead has said it will charge $2,340 (£1,900) for a typical treatment course for people in the US and other developed countries.

It will sell for less in poorer countries, where generic drug-makers are being allowed to produce it.

Critics in the US attacked the price because taxpayers have funded much of the drug’s development.

Close
This article exists as part of the online archive for HuffPost India, which closed in 2020. Some features are no longer enabled. If you have questions or concerns about this article, please contact indiasupport@huffpost.com.