Tuesday, June 17, 2014

#Liber8 #Gilead #Sovaldi : Sovaldi Cost to Manufacture $67, price $84,000.

AHF to Ask States to Block Gilead's $1,000 per Pill Hepatitis ...

www.businesswire.com/.../AHF-States-Block-Gilead’s-100...
Business Wire
Jan 29, 2014 - At $1,000 per pill, Sovaldi price is 1,100% more than Gilead's AIDS drug ... price suggests a retail markup of 279,000% over production costs.

In his letter to state Medicaid directors, Weinstein wrote, “Gilead is charging a higher price for this drug even though the cost to produce it is small. According to industry reports, Gilead produces Sovaldi for approximately $1.00 per gram (with only 10 to 30 grams needed to successfully treat patients with Hepatitis C).1 This represents a retail markup of over 279,000%. (NOTE: With only 10 to 30 grams of Sovaldi needed for successful treatment, the difference from the $30 production cost for Gilead’s full course of treatment—30 grams x $1.00 per gram—to $84,000 for the 12-week treatment program represents a retail markup of 279,000%.)

The Sovaldi Tax: Gilead Can't Justify The Price It's Asking Americans ...

Forbes-5 hours ago
Sovaldi costs about $130 to manufacture, reinforcing how outrageous its pricing is. Gilead claims that the pricing reflects the value of Sovaldi ...
$1000-a-pill Sovaldi jolts US health care system
Bellingham Herald-12 minutes ago
Gilead Sciences, Inc. (NASDAQ:GILD) Drug Gets No Support From ...
WallStreetPR-5 hours ago

$1000-a-pill Sovaldi jolts US health care system

Sacramento Bee - ‎1 hour ago‎
Sovaldi, a new pill for hepatitis C, cures the liver-wasting disease in 9 of 10 patients, but treatment can cost more than $90,000. Leading medical societies recommend the drug as a first-line treatment, and patients are clamoring for it. But insurance companies ... 
 

1000 Pill For Hepatitis C Spurs Debate Over Drug Prices

www.npr.org/.../-1-000-pill-for-hepatitis-c-spurs-debate-over-drug-...
NPR
Dec 30, 2013 - Gilead is making a new hepatitis C drug, Sovaldi. John Amis/AP Images for AIDS Healthcare Foundation. Timothy Webb and other advocates ...

New Hep C Drug Sovaldi Ignites Fierce Pricing Debate

www.healthline.com › Healthline News
Healthline Networks
Apr 11, 2014 - Sovaldi costs more than Olysio, which runs $66,360 for a 12-week ... manufacturers can set the cost to the target market, they can license ...
 

Drug costs and prices: Here we go again - Scientific American

blogs.scientificamerican.com/.../drug-costs-and-price...
Scientific American
Apr 24, 2014 - The $150 was the manufacturing cost, the $84,000 was the price. ... Sovaldi is also regarded as a first-in-class treatment for what was always ...
 

Gilead: Sovaldi Pricing Ethically And Economically Justified ...

seekingalpha.com/.../2233773-gilead-sovaldi-pricing-ethi...
Seeking Alpha
May 22, 2014 - Sovaldi's $84,000 price tag is a bargain compared to alternative drugs and ... So how could this little pill, that costs pennies to mass produce, ...
 

Gilead to license hepatitis C drug to lower-cost ... - Reuters

www.reuters.com/.../us-gilead-india-hepatitis-idUSBREA1426F20...
Reuters
Feb 5, 2014 - Gilead to license hepatitis C drug to lower-cost manufacturers in India ... For example, the price discussed for 24 weeks of Sovaldi therapy ...
 

Sovaldi: Who's to Blame for the $1,000 a Day Cure ...

https://knowledge.wha...
Wharton School of the University of Pennsylvania
Apr 16, 2014 - The eye-popping price tag for the hepatitis C drug Sovaldi has insurers ... “At that point, all you're talking about is the cost of manufacturing and ...
 
... More importantly, he says, the debate has overlooked one key aspect of the health care system that would have to be changed in order for the U.S. to take more control over drug pricing: the patent system. Sovaldi “is a patented drug. And patents exist because the government permits firms to make original discoveries and get a temporary monopoly on them,” Pauly notes. “The general idea is to allow companies to charge monopoly prices for a period of time to motivate innovation. That’s what Gilead is doing — they’re charging the monopoly price that is presumably based on what they think the market is willing to pay for their product.” ...
 
 
 

4 of the top 10 highest paid CEOs are in Medical Supplies or Drugs.

Hosea 6:8: 

"Gilead is a city of those who work iniquity; it is stained with blood."

 

 The Republican Healthcare Plan

 is the same as the Nazi Healthcare Plan for Old Jews...

 

No comments:

Post a Comment