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Gilead’s coronavirus drug will cost $2,340 — which sounds expensive, but here’s why it’s not

Gilead’s coronavirus drug will cost $2,340 — which sounds expensive, but here’s why it’s not

Gilead Sciences Inc.’s COVID-19 drug remdesivir will cost much less than Wall Street analysts had predicted in a move that likely points to a more measured, responsible approach to the pricing of treatments and vaccines during the pandemic.Shares of Gileadgained 0.9% in trading on Monday following the made before the market opened. U.S. health officials separately said Monday morning that the government of remdesivir for Americans through September, to be purchased by hospitals.The cost of remdesivir for a 5-day course of treatment is $2,340 in all developed countries, a price tag that is...

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Jaimy Lee
6d ago
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Gilead drug produced ‘rapid’ recovery in coronavirus patients, report says

Gilead drug produced ‘rapid’ recovery in coronavirus patients, report says

University of Chicago Medicine researchers said they saw “rapid recoveries” in 125 COVID-19 patients taking Gilead Sciences Inc.’s experimental drug remdesivir as part of a clinical trial, according to a Thursday afternoon report.Shares of Gilead Sciences Inc.jumped 12.7% in after-hours trading on Thursday following the publication of .There are no proven treatments or vaccines for the novel coronavirus which has sickened more than two million people world-wide and killed nearly 150,000 people, but remdesivir is considered a front-runner in the race to develop a treatment for COVID-19...

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Jaimy Lee
Apr 16
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