Viw Magazine

The Times


.

The US has bought most of the world's remdesivir. Here's what it means for the rest of us

  • Written by: Barbara Mintzes, Senior Lecturer, Faculty of Pharmacy, University of Sydney

To beat the coronavirus pandemic, countries need to collaborate. We need the best possible science to develop vaccines and drugs, and to test, track and contain the virus. If we’ve learned anything from the rapid global spread of this virus, it’s that we’re all in this together.

It was therefore shocking to hear, on June 29, that the US government has bought more than 500,000 treatment courses of the antiviral drug remdesivir, representing manufacturer Gilead’s entire production capacity for the next three months and effectively excluding other countries from accessing this drug.

Read more: Is remdesivir a miracle drug to cure coronavirus? Don't get your hopes up yet

The purchase raises concerns, not only about access to remdesivir in other countries, but more broadly about how to prevent profiteering from the COVID-19 pandemic.

Gilead announced its global price for remdesivir on June 29 as US$390 per vial. The Guardian has reported the cost to the US government will be US$3,200 for a six-day treatment. In contrast, production costs for remdesivir are estimated at 93 US cents for one day’s treatment, or less than US$6 for an entire course.

The profit motive

It was hardly a secret that Gilead was seeking to profit from its product. Earlier this year, it applied for seven years of “orphan drug exclusivity” for remdesivir – a status that extends a drug’s period of patent protection, and is meant to act as a regulatory incentive to develop drugs for rare diseases. If only COVID-19 were rare!

The US Food and Drug Administration granted the exclusivity 12 days after the World Health Organisation declared COVID-19 a pandemic. The move was met with strong criticism and Gilead has since rescinded the orphan drug status.

US consumer group Public Citizen estimates taxpayers in the US, Europe and Asia have contributed US$70.5 million in development costs for remdesivir. The list of US government grants is impressive and begs the question of whether remdesivir should be in the public domain. Instead, Gilead maintains a monopoly on sales, holding patents in many countries, the latest of which lasts until 2036.

The US has bought most of the world's remdesivir. Here's what it means for the rest of us Gilead holds patents, some with decades left to run, for remdesivir in a range of countries. John G. Mabanglo/AAP Image

Remdesivir’s revenue this year could be US$2.3 billion, which would make the drug a blockbuster.

We might criticise Gilead, but this is how commercial drug companies function – in non-pandemic times, at least. But it does call into question pharma’s lofty promises of ensuring “equitable global access” to COVID-19 treatments.

Read more: Gilead and the billion-dollar odyssey

Is remdesivir worthwhile anyway?

If remdesivir doesn’t work, the US purchase would be a waste of money. The first report of benefit was a small follow-up study of 53 patients with no comparison group. This was followed by a more rigorous randomised controlled trial from China, published in the Lancet, in which remdesivir did not outperform placebo. However, fewer patients were recruited than anticipated.

A third, mainly publicly funded trial by the US National Institute of Allergy and Infectious Diseases found patients given remdesivir recovered four days earlier, on average, than those not treated with the drug. But it also found no statistically significant difference in death rate between the two groups.

That study was also stopped early, which can lead to exaggerated estimates of treatment benefits. A British Medical Journal editorial highlighted the study’s financial links to Gilead as another source of bias.

Read more: Remdesivir explained – what makes this drug work against viruses?

More trials are ongoing, but until more evidence becomes available we really don’t know whether remdesivir significantly helps COVID-19 patients. If it does, it would be needed not only in the US but globally. Now Gilead’s supply is confined to the US, what can other countries do?

As a stopgap measure, Gilead has donated a stockpile of remdesivir to Australia, but it’s unclear whether this is a one-time-only act of generosity, or indeed why Gilead would donate its products to a wealthy country like Australia.

Bypass Gilead’s patents?

Gilead has voluntary licence agreements with manufacturers in Egypt, India and Pakistan to supply remdesivir to 127 lower-income countries. Under these agreements, Gilead allows generic manufacturers to produce remdesivir with specified conditions, such as limits on where it can be sold. A company in Bangladesh, where Gilead holds no patents, also produces generic remdesivir.

Where Gilead holds patents, countries could nevertheless gain access to generic remdesivir by issuing a compulsory licence. This is a recognised measure under both international trade law and the patent laws of many countries, including Australia. A compulsory licence grants the right to produce and sell a patented drug without the permission of the patent holder, both domestically and to other countries that have also issued a compulsory licence.

Boost international solidarity

The remdesivir saga highlights the need for greater international solidarity and a more public health-oriented approach to the development of new treatments. On June 1, 2020, the World Health Organisation addressed this by launching the COVID-19 Technology Access Pool (C-TAP), which offers a way to share knowledge and intellectual property in response to COVID-19.

Countries and charities spending billions of dollars on developing new vaccines and drugs should require that technologies developed with public funds are shared with C-TAP.

Unfortunately, Australia has not yet pledged its support to C-TAP. Perhaps the recent experience with remdesivir will help the government realise that an open and collaborative approach is a much-needed alternative to one country hoarding the world’s supply of an overpriced and largely unproven drug.

Authors: Barbara Mintzes, Senior Lecturer, Faculty of Pharmacy, University of Sydney

Read more https://theconversation.com/the-us-has-bought-most-of-the-worlds-remdesivir-heres-what-it-means-for-the-rest-of-us-141791

Workplace Safety Essentials Every Australian Employer Should Know

Safety is one of those topics that sends some business owners reaching for the snooze button. It conjures images of thick policy manuals, en...

A Beginner's Guide to Australia's Favourite Asian Comfort Foods

There is a particular kind of Australian childhood memory that involves a fish and chip shop, a paper bag and a deep-fried dim sim with a ge...

Signs Your Relationship Needs More Than Just a Date Night

Date nights get a lot of credit. Book a babysitter, go somewhere nice, put the phones away and reconnect. And for plenty of couples going th...

Flooring Trends Australian Homeowners Are Loving This Year

Floors are the one part of a renovation you walk on every single day, yet they are often the last thing people think about. Paint colours ge...

Ask ChatGPT Who the Best [Your Trade] in Your Area Is. Then Ask Yourself Why It Isn't You.

Your next customer may never see your website. They'll ask an AI, get a short list of names, and pick one. Here's how to find out if you'r...

If Your Labour Hire Provider Isn't Licensed, Guess Who Else Pays the Fine?

Most business owners assume licensing is the provider's problem. In South Australia and several other states, it's theirs too. Here's how to...

Gippsland by Offroad - Victoria's Hidden Gems

New to Gippsland and want to get to know her beauty better? Off-road caravans open up parts of this region, with its stunning landscape and ...

Police Want to "Have a Quick Chat". Here's What a Defence Lawyer Wishes You Knew First.

It usually starts politely: a phone call, a card in the letterbox, an invitation to "come in and clear something up". What you do next mat...

Ever Wondered Why Cosmetic Clinics Are So Careful About What They Say Online?

No prices, no product names, no glowing influencer reviews. If cosmetic clinic marketing has ever felt a little vague, there's a good reas...

Honouring Faith and Family: Understanding Traditional Funeral Rites in Australia

Australia's funerals are as varied as its people. On a single day in any capital city, you might find a Greek Orthodox service with its open...

Instant Tan vs Gradual Tan vs Developing Tan: Which One Suits Which Occasion

Walk into the self tan aisle in any Australian pharmacy and three product categories stare back at you. Instant tan promises colour you ca...

Why Western Sydney Has Become Australia's Most Watched Commercial Property Hotspot

Drive west along the M4 or out towards Badgerys Creek and the change is hard to miss. Paddocks that sat untouched for decades are now dotted...

Planning a Festival Bar That Can Handle a Victorian Crowd

If you’ve ever worked the bar at a Victorian festival, you’ll know the weather isn’t really what gets you. The real crunch comes right aft...

From the Racetrack to the Wrist: The Sports Partnerships Behind Richard Mille

Few watchmakers have tied their identity to elite sport as closely as Richard Mille. Founded in 2001, the brand set out to apply the think...

Blocked Drains in Sydney Apartments: Who Is Responsible Under NSW Strata Law?

A blocked drain in a house is annoying but easy to understand. The pipes are on your land, so the problem is yours. In an apartment or tow...

Best HCM Software for Growing Australian Businesses

There's a clear moment in the life of a fast-growing Australian company. The spreadsheet that once tracked leave starts breaking. Onboardi...

How Does Thematic Investing Combine Convenience With Direct Ownership?

Retail investors increasingly seek ways to access long-term structural trends without the complexity of picking individual stocks. The major...

Why We Trust What Other People Already Like: Social Proof in the Age of Instagram

Long before you read a caption or inspect an image, you have already processed the number sitting underneath the post. Forty likes and 12...

Google Updates 2026: A Practical SEO Checklist for Australian Businesses

  Google updates 2026 are on the minds of businesses that rely on search to reach customers, whether they sell software, gadgets, games or ...

What to Add to Your Weekly Diet for Stronger, Glossier Strands

Achieving thick, vibrant hair requires more than just high-quality shampoos and topical serums. Real hair vitality starts from within, drive...

How to Reverse Sun Damage and Restore Moisture to Your Hair

Australia's harsh summer sun takes a heavy toll on our tresses, leaving them dry, brittle, and prone to breakage. While many of us remembe...

How to Build a Daily Hair Care Routine for Stronger, Shinier Strands

Achieving lustrous, resilient hair requires consistent daily care rather than occasional expensive treatments. While advanced clinical opt...

What to Do for Fine Hair to Instantly Boost Volume

Fine, flat hair often feels like a daily styling challenge, leaving many searching for ways to inject life and bounce into limp locks. While...

Why Melbourne Buyers Choose Loose Sapphires for Custom Engagement Rings

An engagement ring often starts as a finished image: a stone in a setting, photographed from the perfect angle. But some couples prefer to...

hacklink Herabettaraftarium24taraftarium24selcuksportstaraftarium24TrBettaraftarium24taraftarium24taraftarium24vpnStreamEasttaraftarium24free books downloadzlibraryzlibjustin tvfree betsbetpipo güncel girişvipparkviljo kasinotStreamEastjojobetvipparkCrackStreams1xbetjustin tvdizipalbets10deneme bonusu veren sitelermarsbahishttps://bahisfair-gunceladres.world/tr/jojobetdeneme bonusu veren sitelerDeneme bonusu veren sitelerDeneme bonusucasibomcasibomMultiwinvdcasinojojobettaraftarium24vipparktaraftarium24justin tvmeritkingjojobetcasinolevantcasinolevantcasinolevantcasinolevantcasinolevantcasinolevantcasinolevantcasinolevanttaraftariumvipparkbetciovipparkjojobetjojobetmeritkinghacklink panelpadisahbetiptv satın alCrackStreamshitbetyks koçlukjojobetbetparkstreameastnon gamstop