Trump Administration Waived #Coronavirus Price Protections
▻https://theintercept.com/2020/07/01/coronavirus-treatment-drug-contracts-trump
[#remdesivir] which was developed with at least $79 million in federal funding, will cost private insurers $520 for a single vial, hundreds of times its production cost, which researchers at the University of Liverpool have estimated at 93 cents per dose.
[...]
... given its low production cost, Gilead could #profit from remdesivir even if it was priced at just $1 a day, according to an analysis by Public Citizen. Instead the drug, which was rolled out with the help of the Trump administration, will cost insurers between $3,120 for a five-day course of treatment and $5,720 for a 10-day course.