Current Events > US buys up almost the entire world stock of remdesivir for next 3 months

Topic List
Page List: 1
Bio1590
07/01/20 1:08:59 PM
#1:


https://www.theguardian.com/us-news/2020/jun/30/us-buys-up-world-stock-of-key-covid-19-drug

The US has bought up virtually all the stocks for the next three months of one of the two drugs proven to work against Covid-19, leaving none for the UK, Europe or most of the rest of the world.

Experts and campaigners are alarmed both by the US unilateral action on remdesivir and the wider implications, for instance in the event of a vaccine becoming available. The Trump administration has already shown that it is prepared to outbid and outmanoeuvre all other countries to secure the medical supplies it needs for the US.

Theyve got access to most of the drug supply [of remdesivir], so theres nothing for Europe, said Dr Andrew Hill, senior visiting research fellow at Liverpool University.

Remdesivir, the first drug approved by licensing authorities in the US to treat Covid-19, is made by Gilead and has been shown to help people recover faster from the disease. The first 140,000 doses, supplied to drug trials around the world, have been used up. The Trump administration has now bought more than 500,000 doses, which is all of Gileads production for July and 90% of August and September.

President Trump has struck an amazing deal to ensure Americans have access to the first authorised therapeutic for Covid-19, said the US health and human services secretary, Alex Azar. 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.

The drug, which was trialled in the Ebola epidemic but failed to work as expected, is under patent to Gilead, which means no other company in wealthy countries can make it. The cost is around $3,200 per treatment of six doses, according to the US government statement.

The deal was announced as it became clear that the pandemic in the US is spiralling out of control. Anthony Fauci, the countrys leading public health expert and director of the National Institute of Allergy and Infectious Diseases, told the Senate the US was sliding backwards.

We are going in the wrong direction, said Fauci. Last week the US saw a new daily record of 40,000 new coronavirus cases in one day. I would not be surprised if we go up to 100,000 a day if this does not turn around, he said. He could not provide an estimated death toll, but said: It is going to be very disturbing, I guarantee you that.

The US has recorded more than 2.5 million confirmed cases of Covid-19. Some states lifted restrictions only to have to clamp down again. On Monday, the governor of Arizona ordered bars, cinemas, gyms and water parks to shut down for a month, weeks after they reopened. Texas, Florida and California, all seeing rises in cases, have also reimposed restrictions.

Buying up the worlds supply of remdesivir is not just a reaction to the increasing spread and death toll. The US has taken an America first attitude throughout the global pandemic.

In May, French manufacturer Sanofi said the US would get first access to its Covid vaccine if it works. Its CEO, Paul Hudson, was quoted as saying: The US government has the right to the largest pre-order because its invested in taking the risk, and, he added, the US expected that if weve helped you manufacture the doses at risk, we expect to get the doses first. Later it backtracked under pressure from the French government.

Canadian prime minister Justin Trudeau warned there could be unintended negative consequences if the US continued to outbid its allies. We know it is in both of our interests to work collaboratively and cooperatively to keep our citizens safe, he said. The Trump administration has also invoked the Defense Production Act to block some medical goods made in the US from being sent abroad.

Nothing looks likely to prevent the US cornering the market in remdesivir, however. This is the first major approved drug, and where is the mechanism for access? said Dr Hill. Once again were at the back of the queue.

The drug has been watched eagerly for the last five months, said Hill, yet there was no mechanism to ensure a supply outside the US. Imagine this was a vaccine, he said. That would be a firestorm. But perhaps this is a taste of things to come.

Remdesivir would get people out of hospital more quickly, reducing the burden on the NHS, and might improve survival, said Hill, although that has not yet been shown in trials, as it has with the other successful treatment, the steroid dexamethasone. There has been no attempt to buy up the worlds stocks of dexamethasone because there is no need the drug is 60 years old, cheap and easily available everywhere.

Hill said there was a way for the UK to secure supplies of this and other drugs during the pandemic, through what is known as a compulsory licence, which overrides the intellectual property rights of the company. That would allow the UK government to buy from generic companies in Bangladesh or India, where Gileads patent is not recognised.

The UK has always upheld patents, backing the argument of pharma companies that they need their 20-year monopoly to recoup the money they put into research and development. But other countries have shown an interest in compulsory licensing. It is a question of what countries are prepared to do if this becomes a problem, said Hill.


Bruh
---
... Copied to Clipboard!
UnholyMudcrab
07/01/20 1:09:42 PM
#2:


... Copied to Clipboard!
Propane4Sale
07/01/20 1:10:33 PM
#3:


America First

---
Strickland Propane & Propane Accessories
"Taste the Heat, not the Meat!"
... Copied to Clipboard!
AloofHermit
07/01/20 1:11:43 PM
#4:


Trump saving america like a true leader and role model

---
... Copied to Clipboard!
monkmith
07/01/20 1:13:15 PM
#5:


why isn't the manufacturing process for the drug being distributed world wide? dont care that its patented, if its the only treatment for covid then it needs more production lines then one fucking company.

---
Taarsidath-an halsaam.
Quando il gioco e finito, il re e il pedone vanno nella stessa scatola
... Copied to Clipboard!
Wedge Antilles
07/01/20 1:13:25 PM
#6:


If only you could see my shocked face right now.

---
I used the knife. I saved a child. I won a war. God forgive me.
... Copied to Clipboard!
Giant_Aspirin
07/01/20 1:13:45 PM
#7:


why did they let us buy it all?

---
Playing: FF7: Remake; Rocket League
You see it your way, I'll see it mine and I'll be fine
... Copied to Clipboard!
Were_Wyrm
07/01/20 1:14:01 PM
#8:


We great now!

---
I was a God, Valeria. I found it...beneath me. - Dr. Doom
https://imgur.com/FKDXbHs
... Copied to Clipboard!
The Trent
07/01/20 1:14:05 PM
#9:


if you see global politics as a team sport this is bad

---
i swear to God most of y'all cats just don't know The Trent
you barely know yourself so i guess most of y'all should be offended
... Copied to Clipboard!
monkmith
07/01/20 1:14:43 PM
#10:


Giant_Aspirin posted...
why did they let us buy it all?
did you see the agreed upon price? our health care system was likely the only 1st world system wiling to give that company so much money.

---
Taarsidath-an halsaam.
Quando il gioco e finito, il re e il pedone vanno nella stessa scatola
... Copied to Clipboard!
Propane4Sale
07/01/20 1:14:51 PM
#11:


Giant_Aspirin posted...
why did they let us buy it all?

Free Market

---
Strickland Propane & Propane Accessories
"Taste the Heat, not the Meat!"
... Copied to Clipboard!
thronedfire2
07/01/20 1:16:09 PM
#12:


I'm sure we'll make great use of this and not have it sit in a warehouse somewhere

---
I could see you, but I couldn't hear you You were holding your hat in the breeze Turning away from me In this moment you were stolen...
... Copied to Clipboard!
LordFarquad1312
07/01/20 1:17:56 PM
#13:


Weird. I thought Trump was still staning chloroquine.

---
El sexo sucio y el planeta limpio.
"If you are tired of fear from links... Let Kirby's Nightmare protect you."
... Copied to Clipboard!
tremain07
07/01/20 1:18:36 PM
#14:


thronedfire2 posted...
I'm sure we'll make great use of this and not have it sit in a warehouse somewhere
This, profit over lives has always been the US's motto especially for people who wanted it o be run like a business

---
IGN: Sun
FC: 0061-0132-7564
... Copied to Clipboard!
TheBiggerWiggle
07/01/20 1:21:53 PM
#15:


> buy up all the cures
> charge several grand for the cure ensuring only a small percentage have access

God bless the mother fucking states of fucking america.

---
I have trouble concentrating because I have 80HD.
... Copied to Clipboard!
Giant_Aspirin
07/01/20 1:22:34 PM
#16:


monkmith posted...
did you see the agreed upon price? our health care system was likely the only 1st world system wiling to give that company so much money.

why aren't people equally criticizing the company for making the choice to sell it all to us?

---
Playing: FF7: Remake; Rocket League
You see it your way, I'll see it mine and I'll be fine
... Copied to Clipboard!
TheEvilMushroom
07/01/20 1:24:01 PM
#17:


Lots of people at fault here. Only a broken system in the first place would even allow this to happen. Never even mind the price that countries have to pay in the first place.

Not like it matters, none of us in the U.S. can afford it anyways, so.

---
... Copied to Clipboard!
Squall28
07/01/20 1:25:04 PM
#18:


Which politician has ties to Gilead?

---
You can't go back and change the beginning, but you can start where you are and change the ending.
-Misattributed to CS Lewis
... Copied to Clipboard!
Philoktetes
07/01/20 1:26:27 PM
#19:


if other countries wanted some they should of outbid us
---
I don't think so, Tim.
~~ Pizza Crew ~~
... Copied to Clipboard!
#20
Post #20 was unavailable or deleted.
SkylightNight
07/01/20 1:29:38 PM
#21:


shockthemonkey posted...
The first approved treatment is not likely to be the best treatment, what are the chances this ends up being shitty for the US when half of those end up sitting around unused while America looks like pricks for snagging them all at first?
100% and it would be well deserved
... Copied to Clipboard!
Were_Wyrm
07/01/20 1:30:35 PM
#22:


Squall28 posted...
Which politician has ties to Gilead?
They've donated to a whole slew of politicians in California and Florida, on both sides of the aisle, and to both national parties.

---
I was a God, Valeria. I found it...beneath me. - Dr. Doom
https://imgur.com/FKDXbHs
... Copied to Clipboard!
Doe
07/01/20 1:31:09 PM
#23:


All Europe has to do is say fuck off to medical patent law. In a way this is their own fault for supporting a system that rewards the biggest and wealthiest players at the expense of everyone else.

---
This signature won't be changed until at least one out of Astrograph Sorcerer, Double-Iris Magician, Performapal Monkeyboard or Electrumite is unbanned. 2/15/20
... Copied to Clipboard!
Squall28
07/01/20 1:32:01 PM
#24:


Were_Wyrm posted...
They've donated to a whole slew of politicians in California and Florida, on both sides of the aisle, and to both national parties.

Oof

---
You can't go back and change the beginning, but you can start where you are and change the ending.
-Misattributed to CS Lewis
... Copied to Clipboard!
Doe
07/01/20 1:32:54 PM
#25:


Giant_Aspirin posted...
why aren't people equally criticizing the company for making the choice to sell it all to us?
Don't hate the players, hate the game.

---
This signature won't be changed until at least one out of Astrograph Sorcerer, Double-Iris Magician, Performapal Monkeyboard or Electrumite is unbanned. 2/15/20
... Copied to Clipboard!
Poop2
07/01/20 1:37:02 PM
#26:


UnholyMudcrab posted...
We are the bad guys
... Copied to Clipboard!
Brilliant
07/01/20 1:49:18 PM
#27:


I don't think most people bothered to read, and how the fuck is this a bad thing for america and americans?

The Trump administration has already shown that it is prepared to outbid and outmanoeuvre all other countries to secure the medical supplies it needs for the US.

Hill said there was a way for the UK to secure supplies of this and other drugs during the pandemic, through what is known as a compulsory licence, which overrides the intellectual property rights of the company. That would allow the UK government to buy from generic companies in Bangladesh or India, where Gileads patent is not recognised.
---
Shining like the sun
... Copied to Clipboard!
The Trent
07/01/20 1:50:04 PM
#28:


fuck america and americans we need to worry about belgians and bolivians right now that's what's important

---
i swear to God most of y'all cats just don't know The Trent
you barely know yourself so i guess most of y'all should be offended
... Copied to Clipboard!
pikachupwnage
07/01/20 1:52:53 PM
#29:


Brilliant posted...
I don't think most people bothered to read, and how the fuck is this a bad thing for america and americans?

The Trump administration has already shown that it is prepared to outbid and outmanoeuvre all other countries to secure the medical supplies it needs for the US.

Hill said there was a way for the UK to secure supplies of this and other drugs during the pandemic, through what is known as a compulsory licence, which overrides the intellectual property rights of the company. That would allow the UK government to buy from generic companies in Bangladesh or India, where Gileads patent is not recognised.

It should be a crime against humanity punishable by death to even hold a medical patent.

Medical knowledge is common knowledge. Anything less is unexceptable.

That said there should still be incentives and reward for innovation with new, safer/more effacious drugs and such...but our current system is fucking evil.

---
My Mario Maker 2 Maker ID is J2K-RFD-K4G Even In sigs FOE!
http://i2.kym-cdn.com/photos/images/newsfeed/000/665/328/d75.gif
... Copied to Clipboard!
Bio1590
07/01/20 1:58:19 PM
#30:


Doe posted...

Don't hate the players, hate the game.

Doesn't work here, the "players" are the reason the "game" exists in the first place.
---
... Copied to Clipboard!
Sir Will
07/01/20 4:35:47 PM
#31:


Fuck you America. Fuck you.
---
River Song: Well, I was off to this gay gypsy bar mitzvah for the disabled when I thought 'Gosh, the Third Reich's a bit rubbish, I think i'll kill the Fuhrer'
... Copied to Clipboard!
PIITB415
07/01/20 4:36:54 PM
#32:


Sir Will posted...
Fuck you America. Fuck you.

This should be modded. Maybe even warned.

---
... Copied to Clipboard!
The Trent
07/01/20 4:37:19 PM
#33:


Sir Will posted...
Fuck you America. Fuck you.

sorry we are prudes you must find another to fuck

---
i swear to God most of y'all cats just don't know The Trent
you barely know yourself so i guess most of y'all should be offended
... Copied to Clipboard!
ScazarMeltex
07/01/20 4:37:26 PM
#34:


monkmith posted...
why isn't the manufacturing process for the drug being distributed world wide? dont care that its patented, if its the only treatment for covid then it needs more production lines then one fucking company.
Because capitalism doesn't care about saving lives. It cares about making money.

---
"If you wish to converse with me define your terms"
Voltaire
... Copied to Clipboard!
Blue_School
07/01/20 4:37:31 PM
#35:


But that's not hydroxychloroquine!
... Copied to Clipboard!
Zack_Attackv1
07/01/20 4:38:03 PM
#36:


We have the highest numbers, so this makes sense from a logical point of view.
---
... Copied to Clipboard!
Sir Will
07/01/20 4:40:36 PM
#37:


shockthemonkey posted...
The first approved treatment is not likely to be the best treatment, what are the chances this ends up being shitty for the US when half of those end up sitting around unused while America looks like pricks for snagging them all at first?

100%. It's a treatment. It helps in the most severe cases. I know things are out of control in the US (which is its own idiocy), but 500k doses? Enough for like 85k people. I guess maybe it could be used if the US continues to do nothing to stop the virus. JFC.
---
River Song: Well, I was off to this gay gypsy bar mitzvah for the disabled when I thought 'Gosh, the Third Reich's a bit rubbish, I think i'll kill the Fuhrer'
... Copied to Clipboard!
Sir Will
07/01/20 4:41:16 PM
#38:


Zack_Attackv1 posted...
We have the highest numbers, so this makes sense from a logical point of view.

No.

PIITB415 posted...


This should be modded. Maybe even warned.

No.
---
River Song: Well, I was off to this gay gypsy bar mitzvah for the disabled when I thought 'Gosh, the Third Reich's a bit rubbish, I think i'll kill the Fuhrer'
... Copied to Clipboard!
Lordgold666
07/01/20 5:27:09 PM
#39:


Propane4Sale posted...
America First


---
"May the Father of Understanding guide you."
http://error1355.com/ce/Lordgold666.html
... Copied to Clipboard!
CADE FOSTER
07/01/20 5:31:09 PM
#40:


TheBiggerWiggle posted...
> buy up all the cures
> charge several grand for the cure ensuring only a small percentage have access

God bless the mother fucking states of fucking america.
... Copied to Clipboard!
TheGoldenEel
07/01/20 5:33:08 PM
#41:


The Trent posted...
fuck america and americans we need to worry about belgians and bolivians right now that's what's important
Tribalism is fucking stupid

we are all human beings that are arbitrarily divided under governments that dont give a damn about any individual person

---
The words of The Golden Eel have been revealed...
Games: http://backloggery.com/wrldindstries302 \\ Music: http://www.last.fm/user/DrMorberg/
... Copied to Clipboard!
TreyFlowers
07/01/20 5:36:47 PM
#42:


Lol @ even needing to

Australia and our 337 active cases (321 in a single state) laugh at you

---
Last night, what we talked about, it made so much sense
But now the haze has ascended, it don't make no sense anymore
... Copied to Clipboard!
ZeldaMutant
07/01/20 5:41:28 PM
#43:


TheBiggerWiggle posted...
> buy up all the cures
> charge several grand for the cure ensuring only a small percentage have access

God bless the mother fucking states of fucking america.
For hospitalized patients it will usually be cheaper to buy the drug and get discharged faster than to spend more days in an American hospital, where just having a bed costs thousands of dollars per day.

That's fucked up in its own way, but I don't think the drugs will go unused.

---
96065
... Copied to Clipboard!
LeperMessiahXX
07/01/20 5:48:16 PM
#44:


shockthemonkey posted...
The first approved treatment is not likely to be the best treatment, what are the chances this ends up being shitty for the US when half of those end up sitting around unused while America looks like pricks for snagging them all at first?

This sounds likely. I believe all this does is knock off a couple days of being sick, it's not this miracle drug that helps a lot. That's great for those suffering through it, but this isn't going to change things all that much. Something better will be made, probably in the near future too.
---
Steve Rhoades >>> Jefferson D'Arcy
Fight Me.
... Copied to Clipboard!
monkmith
07/01/20 8:35:46 PM
#45:


PIITB415 posted...
This should be modded. Maybe even warned.
america isn't a user here...

---
Taarsidath-an halsaam.
Quando il gioco e finito, il re e il pedone vanno nella stessa scatola
... Copied to Clipboard!
monkmith
07/01/20 8:38:14 PM
#46:


LeperMessiahXX posted...
This sounds likely. I believe all this does is knock off a couple days of being sick, it's not this miracle drug that helps a lot. That's great for those suffering through it, but this isn't going to change things all that much. Something better will be made, probably in the near future too.
its the only antiviral on the market that's known to be effective against covid. the reason its helpful isn't because it shortens the infection time but that it helps fight off the virus in the worst cases and might keep people off a ventilator.

---
Taarsidath-an halsaam.
Quando il gioco e finito, il re e il pedone vanno nella stessa scatola
... Copied to Clipboard!
Jabodie
07/01/20 8:40:01 PM
#47:


Gotta love that "fuck you, get mine" mentality in the world stage.

---
<insert sig here>
... Copied to Clipboard!
EnragedSlith
07/01/20 8:43:00 PM
#48:


Trump plans on absorbing it into his corpulent body and distributing it through his nipples. You just have to beg daddy to suckle on that sweet bug juice.

---
I can't leave without my buddy, Superfly.
... Copied to Clipboard!
Bio1590
07/01/20 9:19:41 PM
#49:


At the end of the day I feel like this supports the notion that this Admin is crazy/stupid enough to try and buy up the entirety of any potential vaccine even though it wouldn't help in the long run.
---
... Copied to Clipboard!
monkmith
07/01/20 9:37:53 PM
#50:


Bio1590 posted...
At the end of the day I feel like this supports the notion that this Admin is crazy/stupid enough to try and buy up the entirety of any potential vaccine even though it wouldn't help in the long run.
you're talking about the administration that's thrown money only at unproven vaccine production methods solely because they've promised to be the fastest...

---
Taarsidath-an halsaam.
Quando il gioco e finito, il re e il pedone vanno nella stessa scatola
... Copied to Clipboard!
Topic List
Page List: 1