Big Pharma Is Meddling in the Race for a COVID-19 Treatment

  • 📰 VanityFair
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 55%

United States Headlines News

United States Latest News,United States Headlines

A Yale researcher poised to start a crucial clinical trial received an ominous email from a pharmaceutical company. “There is undoubtedly a financial motivation,” he said—and there could be millions on the line.

The race to develop a COVID-19 vaccine is well underway, but given its extended timeline—12 to 18 months—the search for an existing drug to treat the virus is almost equally pressing. For many on the right, including the president, the method of choice was hydroxychloroquine, a malaria drug initially thought to combat the infection.

The drug is manufactured in Japan; Ono Pharmaceutical, a massive company headquartered in Osaka, has committed to providing enough camostat pills for 300 patients over the course of Vinetz’s study. All he needs is FDA approval for the trial and his staff can begin testing.

Vinetz said he interpreted the email to mean “you have to go through us.” “They seem to want me to have to work under their authorization,” he said. “I viewed it as a threatening email,” he reiterated. “There is undoubtedly a financial motivation.” He theorized that the company might be hoping to get camostat designated as an orphan drug. The Orphan Drug Act, which Congress passed in 1983, uses financial incentives to encourage the development of drugs that treat rare diseases.

“There was a rapid, vociferous, and powerful public outcry because the implications for possible profiteering were concerning,” Vinetz said of Gilead.an immunologist and allergist in New York City, noted that “Those are bad optics for the company during a pandemic, to have a monopoly on a lifesaving drug.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

For profit healthcare should be illegal.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 391. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Prince Louis' Birthday Pics Turned Into A Great, Big Colorful MessIt looks like Kate Middleton and Prince William had some cleaning up to do.
Source: HuffPostParents - 🏆 414. / 53 Read more »

Big Time Rush Virtually Reunite & It Feels Like 2010 All Over AgainBig Time Rush hosted the reunion of a lifetime on Monday while each member stayed cooped up at home. And they advised their loyal fanbase to do the same. FessUpBillboard Addressthe10k charts k cool its been 20 DAYS say SOMETHING FixThe10k TakeActionBillboard
Source: billboard - 🏆 112. / 63 Read more »

Campari ready for big deals as sector consolidates: CEO to paperItaly's Campari is ready to pursue large acquisitions to stay ahead in a consolidating spirits industry, Chief Executive Bob Kunze-Concewitz said in a newspaper interview on Saturday. What's this vampire drink LOVE Campari but it's become unaffordable in South Africa, alas.
Source: Reuters - 🏆 2. / 97 Read more »

NFL draft's best available players entering Day 3: Jake Fromm, Jacob Eason among big-name QBsNFL teams looking for gems will have to dig deep on the final day of the draft, but there are still several talented players available. Is this the sport where Americans play with each other and then still have the audacity to call themselves World Champions? Ha ha ha ha ha.
Source: USATODAY - 🏆 100. / 63 Read more »

What's The Big Frigin' Difference?Can you spot the THREE differences in these Sarah Silverman photos? The emblem on the fence She looks like Meghan Markle.
Source: TMZ - 🏆 379. / 59 Read more »

With Southern California in grip of heat wave, coronavirus stay-home orders face big testWith a big heat wave in Southern California, L.A. County's coronavirus stay-at-home order faces a major test as all of the region's coast is closed. Go outside. It's nice out. negligence and lack of community. What is called a heat wave in the US is called another summer for many countries , including those without electricity. Why are elderly people being abandoned and dehydrated? Why are workers being forced into unsafe conditions? Beaches are supposed to open on Monday.
Source: latimes - 🏆 11. / 82 Read more »