Posted on 07/31/2020 7:00:48 AM PDT by Pollard
Now primarily a marketing machine to sell drugs of dubious benefit, this industry uses its wealth and power to co-opt every institution that might stand in its way, including the U.S. Congress, the Food and Drug Administration, academic medical centers, and the medical profession itself.
- Marcia Angell, former editor-in-chief of The NEJM, The Truth About the Drug Companies
In the history of medicine, no single drug has been so singularly attacked by the media, World Health Organization, government officials and institutional health experts as hydroxychloroquine. Approved as a “safe and cost-effective” essential medicine by the WHO, CDC and regulatory authorities across Europe, hydroxychloroquine has been prescribed to millions of patients over the past 65 years. Despite decades of known safety, hydroxychloroquine was labelled “dangerous” and a “poisonous substance” after showing promise as a therapeutic for COVID-19.
Many attribute this negative publicity to anti-Trump sentiment from mainstream media outlets including CNN, MSNBC, Washington Post, New York Times and Huffington Post. This thesis does not entirely hold up to scrutiny though. President Trump named both hydroxychloroquine and Gilead’s remdesivir as a “game changer” in his breaking March 19th press conference.
There are promising therapies produced by Gilead, and that’s remdesivir. Remdesivir. And that’s a drug used for other purposes that’s been out and has had very good results for other purposes, but it seems to have a very good result, having to do with this virus...So you have remdesivir and you have chloroquine and hydro- — hydroxychloroquine. So those are two that are out now, essentially approved for prescribed use. And I think it’s going to be very exciting. I think it could be a game changer...Very powerful. They’re very powerful.
- President Donald J. Trump, March 19th, 2020. 11:31 AM EDT [1]
(Excerpt) Read more at medicineuncensored.com ...
AS PER THE ARTICLE:
Gilead’s stock rises and falls based on the successes and failures of both hydroxychloroquine and remdesivir.
Immediately before Trump first announced hydroxychloroquine as a promising therapeutic for COVID-19, GILD traded at a local high of $85 per share, a price unattained since early 2018. Hours after Trump’s press conference, GILD dropped 8.7%, and then continued to plummet to $69 per share the following week—erasing $21 billion from its market cap in mere days.
Immediately after Dr. Fauci announced the success of remdesivir in the NIH trial, GILD stock surged back to $85 per share. Compared to the largest pharmaceutical companies by revenue, Gilead has consistently outperformed in this pandemic with GILD gaining over 20% YTD while most of its competition struggled with losses or meager gains. This growth is almost certainly attributed to remdesivir’s promise as an effective treatment for COVID-19.
Gilead has a direct financial incentive for hydroxychloroquine to fail. Actually, based on its share price, Gilead has 21 billion reasons to discredit hydroxychloroquine. Perhaps no other company has more to gain in the immediate future from hydroxychloroquine’s failure than Gilead.
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Now, I don’t know if the whole anti-HCQ thing is orchestrated by Gilead shareholders or Gilead’s Board, I’m not going to make accusations without solid evidence.
Ping as per your request
BTW, regarding so called “studies”....
At the time of the press conference on March 19, there was only in vitro evidence of remdesivir’s effectiveness against SARS-CoV-2. No clinical trial existed showing remdesivir to be effective.
The preliminary results from the NIH clinical trial were not available until over a month later on April 29.
The evidence of its efficacy primarily stemmed from a few in vitro studies that included an article published in the Nature-owned journal Cell Research. Interestingly, the Nature publication demonstrated that both remdesivir and chloroquine were effective against SARS-CoV-2, stating “remdesivir and chloroquine are highly effective in the control of 2019-nCoV infection in vitro.”
(See here: Wang, M; Cao, R; Zhang, L et al. (4 Feb 2020). “Remdesivir and chloroquine effectively inhibit the recently emerged novel coronavirus (2019-nCoV) in vitro”. Cell Research. Retrieved 21 July 2020. )
While there was only in vitro evidence of successes with remdesivir, there was both in vitro and clinical evidence of hydroxychloroquine’s efficacy.
(SEE HERE:
[5] Gautret, P; Lagier, JC; Parola, P et al. (20 March 2020). “Hydroxychloroquine and azithromycin as a treatment of COVID-19: results of an open-label non-randomized clinical trial”. International Journal of Antimicrobial Agents. Retrieved 21 July 2020 )
Nevertheless, scientists, including Dr. Fauci, as well as the WHO and media outlets worldwide criticized Trump for providing false hope on the therapeutic effect of hydroxychloroquine while staying quiet about remdesivir.
Any drug that’s been attacked by the communist left as much as HCQ has, has got to be a really good drug in fighting their evil agenda (virus). There are a bunch of folks that need to be publicly hanged over this BS.
All Trump has to do is come out today and say that Hydroxychloroquine in a fake-science hoax.
We’ll all be mandated by our State governments to be on it by tomorrow.
Problem solved.
Thanks for posting.
Bkmk
Yep and this is exactly why he’s saying to postpone the elections, to ensure that they won’t be postponed.
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Words have meanings. He did not ‘say’ to postpone the elections, he ‘asked’.
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