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jimmyb
09-12-2018, 09:41 AM
Pharma Exec on 400% Drug Price Jump: 'Moral Requirement'


Nirmal Mulye defends move, says he's in the drug business 'to make money'. SO says the founder and president of a pharmaceutical company that last month raised the price of an "essential" antibiotic from $474.75 per bottle to $2,392.

http://www.newser.com/story/264506/pharma-exec-on-400-drug-price-jump-moral-requirement.html?utm_source=part&utm_medium=uol&utm_campaign=rss_top

thaskalos
09-12-2018, 01:17 PM
The FDA Commissioner responded negatively to the huge price-increase of the essential drug, but...what's he gonna DO about it? How does he plan to "promote competition" in order to keep drug prices down?

GaryG
09-12-2018, 02:59 PM
A critical drug without a 2nd source? Otherwise, it is laissez faire.