Scientists say there’s basically a HIV vaccine, but Gilead is charging over $40,000 a year and won’t allow a $40 generic version (with 30% profit)

[Swing]

So these Gilead nikkas want us to sign up for a HIV-vaccine subscription

 

[DaPresident]

Now how many are they gonna sell?

 

[DonRe]

Gilead needs to recoup their R&D cost amongst a myriad of other costs that go into bringing a drug to market. That "30%" profit is for just raw materials and production. Reality is Capitalism drives innovation in medicine, if financial incentive isn't there everything stops. It's shytty but that's our world

I wonder how
Much is funded by private donors and govt initiatives.

Hospitals also contribute a lot to these studies that then turn them over to big pharma

Big pharma a bytch man. The devil in many ways.

 

[maxamusa]

thats sad as hell; the world need it.

 

[ORDER_66]

Now how many are they gonna sell?

Why dont they just sell the cure... a vaccine is a band-aid...

 

[Mordith]

 

[cyndaquil]

Gilead needs to recoup their R&D cost amongst a myriad of other costs that go into bringing a drug to market. That "30%" profit is for just raw materials and production. Reality is Capitalism drives innovation in medicine, if financial incentive isn't there everything stops. It's shytty but that's our world

Ummm ok but 40k a year is excessive

 

[Trojan 24]

I wonder how
Much is funded by private donors and govt initiatives.

Hospitals also contribute a lot to these studies that then turn them over to big pharma

Big pharma a bytch man. The devil in many ways.

Alot of research institutions don't have the means to take any promising molecules to treatment. This is a good breakdown if anyone has time

JCI - Academia and industry: allocating credit for discovery and development of new therapies

www.jci.org

 

[Trojan 24]

Ummm ok but 40k a year is excessive

Insurances will be paying that price (not actually that price, but a contacted amount if they choose to cover the drug), which is a whole nother conversation

 

[cyndaquil]

Insurances will be paying that price (not actually that price, but a contacted amount if they choose to cover the drug), which is a whole nother conversation

shyt but a vaccine has to be taken before contact with a virus to prevent infection right? $40k for preventative care would be excessive even for insurance companies right?

 

[the cac mamba]

as much as this sounds like some bullshyt; they must have invested millions and millions of dollars into developing this. and they aren't a charity

without the profit incentive, did they even come up with the drug at all, for people to be outraged over this? nope

 

[Trojan 24]

shyt but a vaccine has to be taken before contact with a virus to prevent infection right? $40k for preventative care would be excessive even for insurance companies right?

Long-term they probably come out in the green compared to caring for a patient that contracts HIV and progresses to AIDS. shyt that's like one week in a hospital these days

 

[Ohene]

so in their mind...who is the market for this vaccine?

the sultan of brunei? P-diddy? other sex crazed billionaires?

 

[cyndaquil]

so in their mind...who is the market for this vaccine?

the sultan of brunei? P-diddy? other sex crazed billionaires?

Everyone once it's mass produced. This could potentially eradicate HIV. If it works.

 

[FTBS]