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  • Medicine: Tuberculosis drug price jumps 2,000%, shocks doctors

    Front-line tuberculosis doctors in Canada were recently sticker shocked that the price of an essential medication for drug-resistant TB went through the roof for no apparent reason.

    Cycloserine is a critical drug used to treat a rare and dangerous form of multidrug-resistant tuberculosis.

    Overnight in North America, cycloserine went from $15 US per pill to $360 US.


    More: http://www.cbc.ca/news/health/tb-dru...rine-1.3237868

  • #2
    Shkreli, CEO reviled for drug price gouging, arrested on securities fraud charges

    A boyish drug company entrepreneur, who rocketed to infamy by jacking up the price of a life-saving pill from $13.50 to $750, was arrested by federal agents at his Manhattan home early Thursday morning on securities fraud related to a firm he founded.

    Martin Shkreli, 32, ignited a firestorm over drug prices in September and became a symbol of defiant greed. The federal case against him has nothing to do with pharmaceutical costs, however. Prosecutors in Brooklyn charged him with illegally taking stock from Retrophin Inc., a biotechnology firm he started in 2011, and using it to pay off debts from unrelated business dealings. He was later ousted from the company, where he’d been chief executive officer, and sued by its board.


    More: http://www.bloomberg.com/features/20...urities-fraud/

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