• About
  • Privacy Policy
  • Editorial Principles
  • Why to trust us
  • Contact
Monday, October 2, 2023
The 24 Hours
  • Home
  • Business
  • Technology
  • Scandals
  • Politics
Morning News
Home Business

China’s elite give Paxlovid to friends as demand soars for Covid drug

admin by admin
December 28, 2022
in Business
0
China’s elite give Paxlovid to friends as demand soars for Covid drug
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

READ ALSO

Conservative mistakes helped Pedro Sánchez halt Vox’s march in Spain

Santiago Abascal, Spain’s hard-right potential kingmaker

China’s elite stockpiles supplies of Pfizer’s Covid-19 antiviral drug, Paxlovid, as an unprecedented Covid wave sweeps the country, depriving hospitals of resources and slowing the public’s access to the drug. are giving curry favors to business associates because they are struggling with

Several public and private hospitals told the Financial Times that the drug is widely available in the West but is either out of stock or available only to patients with severe underlying medical conditions. Paxlovid is commonly prescribed to treat mild to moderate COVID-19 cases.

Doctors said officials and business owners bought up large quantities of pills at exorbitant prices to protect their aging parents, family and friends. Analysts say the scramble surged demand for paxlovid and embodied health inequalities in the country.

“Access to Paxrovid should not be determined by people’s power or wealth,” said Jin Dongyang, a virologist at the University of Hong Kong. “This is a life-saving drug that should be available to everyone who needs it.”

China then suffers worst outbreak of coronavirus Abandon strategy abruptly of strict lockdowns, quarantines and massive testing. Chinese officials estimate he infected 250 million people within 20 days as the virus spread to its most populated areas, including Beijing, Shanghai and southern Guangdong province.

But authorities have been slow to make Paxlovid, the only foreign Covid drug approved for use in China, available to citizens. not approved A foreign Covid vaccine with advanced messenger RNA technology, whose population relies on less effective domestic jabs.

A Covid-19 patient in a hospital in Chongqing, southwestern China, on Friday. Hospitals and clinics across the country are overwhelmed with patients © Noel Celis/AFP/Getty Images

China Shanghai imported the first batch of 21,200 boxes of Pax Lovid in March as the outbreak hit. Shipments have been minimal, with China importing only a few hundred thousand boxes, far below demand, according to a government adviser based in

“We don’t want to rely on other countries for anti-Covid drugs,” the adviser said. “We need to create a market space for locally-made medicines.”

Beijing in recent months The much-hyped Lianhua QingwenTraditional herbal remedies with ingredients of honeysuckle, licorice root, and weeping forsythia, and the domestic antiviral agent azvudine, are effective treatments despite lack of clinical data.

The city of Beijing informed municipal community clinics on Monday that supplies of paxlovid for elderly patients are limited. The move suggests the drug may become more available in big cities in the coming weeks.

However, multiple public hospitals in Beijing and Shanghai, where Pax Rovid is covered by state health insurance, said the pill would be reserved for patients with significant underlying medical conditions.

“Our Pax Rovid serves patients with end-stage cancer and renal failure, and we have a lot of patients,” said a doctor at the state-run Peking Union Medical College Hospital. “There is nothing left for mildly ill patients.”

Some upscale private hospitals sell Paxlovid for RMB 8,300 ($1,200) per box for wealthy patients, compared with $530, which the U.S. government agreed to pay for each five courses of administration in April. can be obtained. An official at Beijing’s Oasis International Hospital said he sold out of the 300-box inventory this month within 24 hours.

The official added that there is no timeline for the next shipment.

In the rest of the country, especially in poorly-equipped rural areas, the chances of getting the drug are even slimmer given the low import volumes. study A study co-funded by the Chinese Center for Disease Control and Prevention found that 160 million older adults with underlying medical conditions should have access to antiviral drugs such as Paxlovid to effectively reduce Covid-related deaths. It turns out that there is about 1 minute.

Recommended

Due to its limited supply, Pax Lobid has become a popular gift among well-connected people in China. Officials at a distribution hospital in Beijing said a “significant” number of the prescribed tablets were eventually purchased by healthy people.

“It’s more coveted than Moutai,” the official said. Premium Chinese Liquor Brand This is one of the preferred business gifts in China.

In Beijing, a business owner said this month he received two boxes of Pax Lovid as a gift from a friend who obtained the drug from a hospital department targeting high-ranking officials.

However, he decided not to keep it. “I’m going to give this medicine as a gift to someone in need,” he said.

Tags: ChinascovidDemandDrugelitefriendsgivePaxlovidsoars

Related Posts

Conservative mistakes helped Pedro Sánchez halt Vox’s march in Spain
Business

Conservative mistakes helped Pedro Sánchez halt Vox’s march in Spain

July 24, 2023
Santiago Abascal, Spain’s hard-right potential kingmaker
Business

Santiago Abascal, Spain’s hard-right potential kingmaker

July 22, 2023
China imports record volumes of Russian oil in first half of 2023
Business

China imports record volumes of Russian oil in first half of 2023

July 20, 2023
LinkedIn’s Ryan Roslansky: ‘You can only learn how to be a CEO by being a CEO’
Business

LinkedIn’s Ryan Roslansky: ‘You can only learn how to be a CEO by being a CEO’

July 16, 2023
Can Cornwall get a slice of the lithium revolution?
Business

Can Cornwall get a slice of the lithium revolution?

July 14, 2023
Nvidia in talks to be an anchor investor in Arm IPO
Business

Nvidia in talks to be an anchor investor in Arm IPO

July 12, 2023
Next Post
Republicans And The Media Say Nothing As Median Gas Prices Fall Below $3/Gallon

Republicans And The Media Say Nothing As Median Gas Prices Fall Below $3/Gallon

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Trump Appears To Be Terrified Of Special Counsel Jack Smith

Trump Appears To Be Terrified Of Special Counsel Jack Smith

January 15, 2023
Taylor Swift Gives Update on Eras Tour Hand Injury 

Taylor Swift Gives Update on Eras Tour Hand Injury 

April 25, 2023
Kendall Jenner’s Bikini Body Photos

Kendall Jenner’s Bikini Body Photos

May 13, 2023
Sister Wives’ Robyn Tells Family ‘Leave Me the Hell Out’ of Drama

Sister Wives’ Robyn Tells Family ‘Leave Me the Hell Out’ of Drama

January 9, 2023
Is ChatGPT a ‘virus that has been released into the wild’? • TechCrunch

Is ChatGPT a ‘virus that has been released into the wild’? • TechCrunch

December 10, 2022

EDITOR'S PICK

Jen Psaki Gives An Inside Look At Biden’s Classified Docs Strategy

Jen Psaki Gives An Inside Look At Biden’s Classified Docs Strategy

January 11, 2023
UK Covid inquiry to launch amid continuing row over evidence

UK Covid inquiry to launch amid continuing row over evidence

June 12, 2023
Asian stocks fall as Credit Suisse adds to bank fears

Asian stocks fall as Credit Suisse adds to bank fears

March 16, 2023
Best Midi Dresses to Wear With Flats

Best Midi Dresses to Wear With Flats

June 26, 2023

About

The 24 Hours

The24Hours, our mission is to provide unfiltered, unbiased, fact-based news blog that empowers rather than unsettles.

Categories

  • Business
  • Technology
  • Scandals
  • Politics

Quick Links

  • About The24Hours
  • Contact Us
  • Editorial Principles
  • Why to trust us
  • Privacy Policy
  • Sitemap

Follow Us

  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Privacy Policy
  • Contact Us
  • Sitemap

  • Home
  • Politics
  • Business
  • Technology
  • Scandals

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More

Accept Decline Cookie Settings
I consent to the use of following cookies:
Cookie Declaration About Cookies
Necessary (0) Marketing (0) Analytics (0) Preferences (0) Unclassified (0)
Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
We do not use cookies of this type.
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
We do not use cookies of this type.
Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
We do not use cookies of this type.
Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
We do not use cookies of this type.
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
We do not use cookies of this type.
Cookies are small text files that can be used by websites to make a user's experience more efficient. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission. This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
Cookie Settings