Trump Admin. Buys Over 500,000 Treatment Courses of Remdesivir

June 29, 2020, 11:36 AM UTC

HHS secured more than 500,000 treatment courses of Remdesivir for American hospitals through September, according to emailed statement from agency.

  • This represents 100% of Gilead’s projected production for July, 90% of production in August, 90% of production in September
  • Hospitals will pay no more than approximately $3,200 per treatment course
    • “Generally, patients do not pay directly for hospital-administered drugs like remdesivir; rather, for Medicare and most private insurers, the drug’s cost is incorporated into payments made by the insurer, such as Medicare paying for the drug through a diagnostic-related group”

To contact the reporter on this story:
Kasia Klimasinska in ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.