Monday, September 21, 2015

Another major increase in the price of drug

Daraprim has been around for 62 years and the standard of care for treating a life-threatening parasitic infection. It's used to treat babies born to women who become infected during pregnancy and people with compromised immune systems, like AIDS patients and certain cancer patients. Its cost before being acquired by a new drug company, Turing Pharm-aceuticals, was $13.50 per tablet; its current cost in $750 per tablet. This increase could cost some patients hundreds of thousands of dollars annually.

This is not the first time something like this has occurred. Doxycycline, an antibiotic, went from $20 a bottle in October 2013 to $1,849 by April 2014. Again, this was a case where an old drug was acquired by another company.

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