Gilead Sciences briefs Congress on cost of HCV drug

Last week, biopharmaceutical company Gilead Sciences travelled to Capitol Hill to brief members of Congress on the cost of its hepatitis C drug Sovaldi, according to a Jewish Times report.

Sovaldi is currently priced at approximately $1,000 a pill, a total of $84,000 or more for a full course of treatment. But, Gilead Sciences intends to release a new interferon-free HCV treatment in October. The release of the new drug is expected to drive down costs.

During the briefing, Gilead Sciences Vice President Coy Stout and two cured HCV patients argued that the drug's cost is less than that of a liver transplant.  

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