AuDHDeepDive
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This is an EXTREMELY important lawsuit about how pharma companies withhold better treatments from market to maximize patent profits of existing, inferior drugs.
It’s about AIDS, but the same is happening with COVID vaccines and other drugs.
09:49 AM - Jul 23, 2023
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AuDHDeepDive
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In response to AuDHDeepDive.
The promising drug, then in the early stages of testing, was an updated version of tenofovir. Executives knew it had the potential to be less toxic to patients’ kidneys and bones than the earlier iteration, according to internal memos unearthed by lawyers who are suing Gilead on behalf of patients.
09:49 AM - Jul 23, 2023
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In response to AuDHDeepDive.
Despite those possible benefits executives concluded that the new version risked competing with the company’s existing, patent-protected formulation. If they delayed the new product release until shortly before the existing patents expired, the company could substantially increase the period of time
09:50 AM - Jul 23, 2023
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In response to AuDHDeepDive.
in which at least one of its H.I.V. treatments remained protected by patents. The “patent extension strategy,” as the Gilead documents repeatedly called it, would allow the company to keep prices high for its tenofovir-based drugs.
09:51 AM - Jul 23, 2023
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AuDHDeepDive
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Gilead could switch patients to its new drug just before cheap generics hit the market. By putting tenofovir on a path to remain a moneymaking juggernaut for decades, the strategy was potentially worth billions of dollars.
In response to AuDHDeepDive.
09:51 AM - Jul 23, 2023
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In response to AuDHDeepDive.
Gilead ended up introducing a version of the new treatment in 2015, nearly a decade after it might have become available if the company had not paused development in 2004. Its patents now extend until at least 2031.
09:52 AM - Jul 23, 2023
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In response to AuDHDeepDive.
The delayed release of the new treatment is now the subject of state and federal lawsuits in which some 26,000 patients who took Gilead’s older H.I.V. drugs claim that the company unnecessarily exposed them to kidney and bone problems. END
09:52 AM - Jul 23, 2023 (Edited)
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