How YOUR Money Funds Big Pharma Profits

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    Big Pharma is profiting handsomely from HIV medication researched with government dollars.

    Cenk Uygur, Ana Kasparian, and Brooke Thomas, hosts of The Young Turk

    ...

    Big Pharma is profiting handsomely from HIV medication researched with government dollars.

    Cenk Uygur, Ana Kasparian, and Brooke Thomas, hosts of The Young Turks, break it down.

    MORE TYT: tyt.com/trial

    Read more here: www.washingtonpost.com/business/economy/pharma-giant-profits-from-hiv-treatment-funded-by-taxpayers-and-patented-by-the-government/2019/03/26/cee5afb4-40fc-11e9-9361-301ffb5bd5e6_story.html?noredirect=on&utm_term=.edd0ceeb13b8&wpinl_most&wpmm=1

    "Thomas Folks spent years in his U.S.

    Centers for Disease Control and Prevention lab developing a treatment to block deadly HIV in monkeys.

    Then San Francisco AIDS researcher Robert Grant, using $50 million in federal grants, proved the treatment worked in people who engaged in risky sex.

    Their work — almost fully funded by U.S.

    taxpayers — created a new use for an older prescription drug called Truvada: preventing HIV infection.

    But the U.S.

    government, which patented the treatment in 2015, is not receiving a penny for that use of the drug from Gilead Sciences, ­Truvada’s maker, which earned $3 billion in Truvada sales last year.

    Gilead argues that the government’s patents for Truvada for PrEP, as the prevention treatment is called, are invalid.

    And the government has failed to reach a deal for royalties or other concessions from the company — benefits that could be used to distribute the drug more widely.”

    Hosts: Cenk Uygur, Ana Kasparian, Brooke Thomas

    Cast: Cenk Uygur, Ana Kasparian, Brooke Thomas

    ***

  • # Big pharma
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