The Trump administration's sweetheart deal to a pharma company working on a COVID-19 treatment
April 2, 2020
9,654
403
75
4.95%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Amy Goodman Episodes Around April 2, 2020
See what was published immediately before and after this episode.
2:37Now PlayingThe Trump administration's sweetheart deal to a pharma company working on a COVID-19 treatment
YouTube Description
as posted by the channelAs the coronavirus outbreak intensified earlier this year, drug maker Gilead Sciences sought and received an "orphan drug" designation for the antiviral drug remdesivir as a potential treatment for COVID-19. The orphan drug status gives a company a seven-year period of market exclusivity, when it alone can sell and profit from a treatment. But drugs only receive such a designation for rare diseases that affect fewer than 200,000 people — a number that was certain to be surpassed as the coronavirus outbreak grew worse. Obviously they knew the population was going to go far higher than that, but they got in under the wire," says Robert Weissman, president of the consumer advocacy organization Public Citizen. "This drug has benefited from a huge amount of government funding on the research and development side." After widespread public outrage, Gilead asked the Food and Drug Administration to rescind the orphan drug designation for remdesivir, but Weissman says the episode highlights the Trump administration's inept response to the crisis, which has consistently privileged corporate profits over the wellbeing of average people.
#DemocracyNow
Democracy Now! is an independent global news hour that airs on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 89AM ET
Please consider supporting independent media by making a donation to Democracy Now! today
FOLLOW DEMOCRACY NOW! ONLINE:
Daily Email Digest
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.









