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Merck Sells Its Federally Financed COVID Pill to US for 40 Times What It Costs to Produce

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(Jim Hoft) The mainstream fake news media hailed the news last week that Merck Corporation had discovered a drug treatment for the COVID virus.

Related  Lies they told us about COVID

Source – The Gateway Pundit

by  Jim Hoft, October 6th, 2021

This comes over a year after the discovery that hydroxychloroquine was successful in treating the coronavirus in its early stages and months after it was discovered the Ivermectin had amazing success in treating the coronavirus, especially in India.

Merck is not just giving their new drug away. The company is charging the US government 40 times what it costs to produce their new wonder drug.

It’s another win for Big Pharma

The Intercept reported:

A FIVE-DAY COURSE of molnupiravir, the new medicine being hailed as a “huge advance” in the treatment of Covid-19, costs $17.74 to produce, according to a report issued last week by drug pricing experts at the Harvard School of Public Health and King’s College Hospital in London. Merck is charging the U.S. government $712 for the same amount of medicine, or 40 times the price.

Last Friday’s announcement that the new medicine cut the risk of hospitalization among clinical trial participants with moderate or mild illness in half could have huge implications for the course of the coronavirus pandemic. Because it’s a pill — as opposed to monoclonal antibodies, a comparable antiviral treatment that is administered intravenously — molnupiravir is expected to be more widely used and, hopefully, will cut the death rate. In the first 29 days of the trial, no deaths were reported among the 385 patients who received the drug, while eight of the people who received a placebo died, according to the statement put out by Merck and Ridgeback Biotherapeutics, the two companies that are jointly launching it.

In addition to having huge implications for health, the pill could bring staggering profits to both Merck and Ridgeback Biotherapeutics. A small Miami-based company, Ridgeback licensed the medicine from Emory University in 2020 and two months later sold the worldwide rights to the drug to Merck for an undisclosed sum. Although Ridgeback remains involved in the development of the drug, some have described the deal as “flipping.”

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About The Author

Jim Hoft

Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016.

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Not sure how to make sense of this? Want to learn how to discern like a pro? Read this essential guide to discernment, analysis of claims, and understanding the truth in a world of deception: 4 Key Steps of Discernment – Advanced Truth-Seeking Tools.

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Source:

https://www.thegatewaypundit.com/2021/10/update-merck-sells-federally-financed-covid-pill-us-40-times-costs-produce/

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