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Gilead Sets Remdesivir Price, Commits Nearly All Near-Term Supplies To US

 
• By Mandy Jackson

A five-day course will cost $2,340 for governments in developed countries and $3,120 for commercial payers. The US will get 100% of remdesivir manufactured by Gilead in July. 

Conceptual 3D illustration of two dials with needles pointing high value and low cost, horizontal image. Concept of business analysis
Gilead says its remdesivir price is well below the drug's cost-saving value • Source: Shutterstock

Gilead Sciences Inc. revealed pricing for its COVID-19 treatment remdesivir that is lower than at least one model of fair costs for the antiviral. But as donated supplies dwindle in developed countries, a deal the company struck with the Department of Health and Human Services (HHS) may mean that only US hospitals will be able to buy remdesivir, at least for the next few months.

Gilead CEO Daniel O’Day outlined the rationale for remdesivir’s pricing in a letter released by the Foster City, CA-based company on 29 June, which said the drug will cost $390 per vial for government payers in developed countries and $520 for commercial payers in the US

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