Drug Goes From $13.50 a Tablet to $750, Overnight
By ANDREW POLLACK
SEPT. 20, 2015
Specialists in infectious disease are protesting a gigantic overnight increase in the price of a 62-year-old drug that is the standard of care for treating a life-threatening parasitic infection.
The drug, called Daraprim, was acquired in August by Turing Pharmaceuticals, a start-up run by a former hedge fund manager. Turing immediately raised the price to $750 a tablet from $13.50, bringing the annual cost of treatment for some patients to hundreds of thousands of dollars.
This article notes several other example of drug price gouging and this is probably the most flagrant:
Doxycycline, an antibiotic, went from $20 a bottle in October 2013 to $1,849 by April 2014, according to the two lawmakers.UPDATE: On Memeorandum at about 8:30 PM, there were no links for this story from a conservative site -