Public Citizen, a non profit consumer advocacy group reported:
The Institute for Clinical and Economic Review (ICER) Friday announced two pricing models for remdesivir, marketed by Gilead Sciences as a treatment for COVID-19. While ICER’s cost effectiveness model suggests a price of $4500, the cost recovery model suggests a price of $1 per day. Researchers at the University of Liverpool have calculated that $0.93 per dose is the cost of manufacturing remdesivir at scale with a reasonable profit. The public has contributed at least $60 million to remdesivir’s development through federal grants and clinical trials. The U.S. Food and Drug Administration issued an emergency use authorization for remdesivir on Friday, and the federal government is expected to begin shipping the drug across the country this week.
