July 16, 2020

CNBC: Sens. Elizabeth Warren and Bernie Sanders slam Trump for giving Gilead ‘windfall’ deal for coronavirus drug

Former presidential candidates Sens. Elizabeth Warren and Bernie Sanders slammed the Trump administration Thursday for giving Gilead Sciences a “windfall” deal to secure most of the pharmaceutical company’s supply of its coronavirus-fighting drug remdesivir with the United States.

In a new letter addressed to U.S. Health and Human Services Secretary Alex Azar that was obtained by CNBC, Warren, Sanders and other lawmakers said the deal will give Gilead up to $500 million in revenue borne almost entirely by American taxpayers, “in whole or in part” through higher insurance premiums. 


Read the full article on the CNBC website here

By:  Berkeley Lovelace Jr.
Source: CNBC