Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Thursday, December 28, 2017

Price Of Cancer Drug Raised 1,400% By New Owners

BALTIMORE (WJZ) — A Florida-based drug maker is facing charges of price-gouging after hiking the price of a potentially life-saving cancer treatmentby 1,400 percent since 2013.

The 40-year-old medication, known as lomustine, has been used by patientssuffering from brain tumors and Hodgkin’s lymphoma. In 2013, the drug was reportedly sold to startup company NextSource. Prior to the sale, pharmaceutical giant Bristol-Myers Squibb sold the medicine for $50 per pill. Since NextSource acquired the drug, it has raised the price nine times and is now selling lomustine for a staggering $768 per pill.

More

6 comments:

Anonymous said...

The main cost of drugs is R&D not production. After 40+ years I think they know how to make it. Just crooks being crooks I guess.

Anonymous said...

yet narcan is free. sure, makes sense that junkies have better treatment then innocent people with cancer

Anonymous said...

The R&D for this drug was done decades ago. It's now a cash cow.

Anonymous said...

2:20 So true and so sad.

Anonymous said...

Amen to that!

Anonymous said...

Greed !