America's Federal Trade Commission has been "raising antitrust concerns" about them for years, reports NBC News.
The latest? America's three largest drug middlemen "inflated the costs of numerous life-saving medications by billions of dollars over the past few years, the FTC said in a report Tue...
Ahhh yes, let’s all remember Martin Shkreli–famous for boosting the price of a life-saving drug called Daraprim 5,000% when he took charge of the company making it. The pills skyrocketed from $13.50 a pill to $750 a pill.
100 name brand pills before the extreme price hike at $13.50/pill: $1,350
100 name brand pills today: $78984.50
They’re actually about $790/pill now – the prices never came back, and actually went further up!!!
I also noticed there’s a fun twist where you don’t pay as much for the drug if you’re 500% below the poverty line and meet some other criteria.