Washington — Dr. Leonard Schleifer, the founder and CEO of Regeneron Pharmaceuticals, which developed the antibody cocktail heralded by President Trump, estimated Sunday that a $450 million contract the company won from the federal government over the summer will secure roughly 300,000 doses of the treatment.
“They bought from us several hundred thousand, maybe around 300,000 doses, which they are going to make it for free,” Schleifer said in an interview with “Face the Nation.” “We can’t do this alone. We need the entire industry.”
The Trump administration announced in July it signed a $450 million contract with Regeneron to supply the treatment. But with the number of new coronavirus cases outpacing the doses of the drug available, Schleifer conceded the federal government, together with ethics experts at the Food and Drug Administration, will have to decide who receives the limited supply.
“Coming up with a distribution system where we