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Mon Jun 29, 2020, 03:42 PM

How much will Remdesivir cost patients? $500-600/DAY [View all]

Gilead Sciences, the company that makes the COVID-19 drug, announced in an open letter on Monday morning that it has decided to set a price of $390 per vial for the U.S. government, which would include Veterans Affairs and Department of Defense hospitals, and other governments of developed countries. But the discounted price will not include Medicare or Medicaid.

A typical five-day treatment course would include six vials, which would equate to $2,340 per patient, Daniel O'Day, Gilead Sciences chairman and CEO, said in the letter.

The U.S. government will continue to manage U.S. allocations of remdesivir to hospitals through September, the company said.

The letter added that the price for U.S. private insurance companies will be $520 per vial, which would total $3,120 per patient for a five-day treatment course of six vials.

As if existing hospital bills and lack of employment aren't enough...

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