Moment and a reflection of the part we all have to play when slowing the spread of covid19. In light of this remote format i also some reminders to the members about conduct of the hearing. Members keep their video feed on as long as they are present at the hearing. Members are responsible for muting and unmuting their microphones and please keep your microphones muted when youre speaking. And finally if members have documents they wish to submit for the record please email to the committee whose email address was circulated prior to the hearing. Well, good afternoon, and well coom the First Virtual hearing of the committee on investigations and oversight. Today were discussing a critical issue. Research into repurposing existing therapeutic drugs for covid19 treatment as well as scientific basis for the federal governments evaluation of such drugs. I appreciate our witnesses being here under these unusual circumstances, but these are very important issues, and we look forward to your
Keep your microphones. As much as we like your family dog [indiscernible] members have documents they wish to submit them, email to the committee clerk. Good afternoon and welcome to the First Virtual hearing on the committee of investigations and oversight. We are discussing a critical issue. He scientific basis of the evaluation of such drugs. Appreciate our witnesses being here. These are very important issues and we look forward to addressing these. One of humanitys most promising Public Health response the current pandemic. Repurposed sing existing therapeutic drugs for the covid19. Repurposed sing existing therapeutics and that these drugs have already been developed and manufactured read in some cases quickly accessed. And been approved to treat these diseases and certain amount of safety data is often. [inaudible]. Existing therapeutics, potentially offer an occult assistance for severely ill patients. And do more prevention and Treatment Options to come available. And with gre
Lity now. Today the subcommittee will be having virtually. Does not have any of us would like to perform her duties but we essentially this is an necessity of the current moment. Our question and slowing the spread of covid19. Reminders to the members but the conduct of the sintering. Keep their video feeding on as long as they are present at the hearing. Memos are responsible for minting an un meeting their own microphones pretty please keep your microphones muted. Especially love your family dogs, finally, members of documents on which to submit to the record. Address are circulating prior to the steering. Welcome to the First Virtual hearing on investigation of oversight. Today critical issue. Repurposed income existing therapeutic drugs of the covid19 treatment. As well as the scientific basis of the evaluation of such drugs. Appreciate our witnesses being here. These are very important issues and we look forward to addressing these. One of humanitys most promising Public Health re
Own microphones pretty please keep your microphones muted. Especially love your family dogs, finally, members of documents on which to submit to the record. Address are circulating prior to the steering. Welcome to the First Virtual hearing on investigation of oversight. Today critical issue. Repurposed income existing therapeutic drugs of the covid19 treatment. As well as the scientific basis of the evaluation of such drugs. Appreciate our witnesses being here. These are very important issues and we look forward to addressing these. One of humanitys most promising Public Health response the current pandemic. Repurposed sing existing therapeutic drugs for the covid19. Repurposed sing existing therapeutics and that these drugs have already been developed and manufactured read in some cases quickly accessed. And been approved to treat these diseases and certain amount of safety data is often. [inaudible]. Existing therapeutics, potentially offer an occult assistance for severely ill pati
The drug costs patients 129,000. The same cost for patients in other countries about a third of that amount. I realize the pharmaceutical Companies Invest their researches, they bring a new drug to market, they should profit from that innovation, but why are the u. S. Patients getti getting gauged for drugs. Can you better explain why u. S. Taxpayers are paying for Biomedical Research at the front end and paying exorbitant prices at the back end . Ill just say that 50 of my colleagues and myself sent a letter to you and secretary burwell requesting that they write when taxpair funded research leads to patent product not available to the public on reasonable terms . What are reasonable terms . A drug shouldnt cost 129,000 for people to get access to it. I know this is a topic of great interest, and while it should be and my heart goes out as all of us do to patients who are in need of a therapeutic which is outside of their financial means to be able to gain access to. That ought to be