Why the coronavirus drug remdesivir costs $3,100


By: Dylan Scott

Remdesivir, the antiviral drug that appears to reduce the recovery time for hospitalized Covid-19 patients, has a price tag: $3,120 for the typical five-day regiment for a patient on private insurance. Gilead, the drug’s manufacturer, announced the news on Monday…. Edwin Park at the Georgetown Center on Children and Families told me that hospitals could be made whole on the back end. With the new hepatitis C drugs, the same situation played out: A novel treatment came on the market that hadn’t been accounted for in the Medicaid program’s budgeting. “They got retrospective adjustments,” Park said, though, “sometimes it took several years.”

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