Gilead Sciences, the company that makes the COVID-19 drug, announced it has decided to set a price of $390 per vial for the US government which would include Veterans Affairs and Department of Defense hospitals and other governments of developed countries
- The United States now has a highly anticipated price tag for the antiviral drug remdesivir.
The US government will continue to manage US allocations of remdesivir to hospitals through September, the company said. "Medicare and Medicaid are not direct purchasers of drugs administered in an inpatient setting. Hospitals purchase inpatient drugs at commercial pricing and are then reimbursed by the Centers for Medicare & Medicaid Services at set rates."
"At the level we have priced remdesivir and with government programs in place, along with additional Gilead assistance as needed, we believe all patients will have access," O'Day wrote."Gilead has entered into an agreement with the U.S. Department of Health and Human Services whereby HHS and states will continue to manage allocation to hospitals until the end of September. After this period, once supplies are less constrained, HHS will no longer manage allocation.
"This is the drug that if you're hospitalized can reduce the length of your stay by a third and we're working with our states to make sure it gets to the hospitals most in need," Azar said."We're experiencing, in many of the counties in the southern parts of the United States, very serious outbreaks.
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