9.21.2015

Free market not free for thee and me

Drug Goes From $13.50 a Tablet to $750, Overnight - The New York Times

"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."

[I don’t use this drug or any of the several others mentioned in the article, but what happens to the price of health care affects us all. –ED]

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