9 July 2020 - How should we allocate scarce medical resources?
In Rob Roy’s Grave, poet William Wordsworth summarises the ancient rule governing the sharing of society’s scarce resources. It’s a simple plan: “They should take, who have the power. And they should keep, who can.”
To prove this rule is still in operation, the US government’s acquisition of almost the entire production line of remdesivir for the next three months is a perfect case in point. The antiviral drug developed by research-based biopharmaceutical company Gilead Sciences is one of the few treatments available for COVID-19. The US government is willing to pay Gilead a high price to ensure a supply for its citizens.