A leading HIV drug is way overpriced in the US

Bloomberg

17 May 2019 - A House hearing over the price of Truvada shows a particularly glaring example of a rampant industry practice.

Gilead Sciences CEO Daniel O'Day has only been on the job since March, and he's already found himself having to defend his company in front of the House Oversight and Reform committee.

O’Day faced questioning at a Thursday hearing over the high price of Truvada, a medicine approved to treat HIV and prevent infection. Activists claim that the price prevents at-risk people from accessing the drug and has helped keep infection rates high.

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Michael Wonder

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Michael Wonder

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Medicine , US , Pricing