GILEAD DELAYED SAFER HIV DRUG TO EXTEND MONOPOLY PROFITS, ADVOCATES ALLEGE

Source: https://www.blacklistednews.com/article/75652/gilead-delayed-safer-hiv-drug-to-extend-monopoly-profits-advocates.html
Published: Dec 7, 2019
Author: staff
Post Date: 2019-12-07 11:53:25 by Horse
Views: 33

SOURCE: WASHINGTONPOST.COM

In 2005, Gilead Sciences notified federal regulators that it was suspending development of a potentially safer, more potent HIV-fighting drug than the one on the market. The company did not restart its Food and Drug Administration application until 2010. Now the five-year delay of a promising drug is at the core of accusations by advocates that Gilead improperly exploited the patent system at the expense of patient health.

An HIV-prevention group called PrEP4All Collaboration filed a petition Wednesday with the U.S. Patent and Trademark Office contending Gilead knew its new, improved drug — approved in 2015 and now part of Gilead’s combination therapies Genvoya and Descovy — was safer. But it alleged Gilead postponed development so it could continue to gain monopoly profits from its older combination HIV drugs, including Viread and Truvada, for a longer period,before those drugs went off patent and faced generic competition.

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