Capitalism at work?
 

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/p...mpaign=rss_top

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?

A critical drug without a 2nd source? Otherwise, it is laissez faire.