Morgan
International Hazard
Posts: 1660
Registered: 28-12-2010
Member Is Offline
Mood: No Mood
|
|
From $40 a vial in 2000 to nearly $39,000 today
"The effort, the whistleblowers said in a lawsuit against the company, was part of an intentional "multi-tiered strategy" by Questcor Pharmaceuticals,
now Mallinckrodt, to boost sales of H.P. Acthar Gel, cheating the government out of millions of dollars."
https://www.cnn.com/2019/04/30/health/mallinckrodt-whistlebl...
Mallinckrodt's Pledge on Drug Pricing and Innovation
"We pledge to create the best possible healthcare at the lowest possible cost for the greatest number of people."
https://www.mallinckrodt.com
[Edited on 30-4-2019 by Morgan]
|
|
|
Morgan
International Hazard
Posts: 1660
Registered: 28-12-2010
Member Is Offline
Mood: No Mood
|
|
Mallinckrodt down 13% on alleged bribes to drive Acthar sales
https://seekingalpha.com/news/3456222-mallinckrodt-13-percen...
|
|
|
Morgan
International Hazard
Posts: 1660
Registered: 28-12-2010
Member Is Offline
Mood: No Mood
|
|
(Reuters) - "The U.S. Justice Department has joined a pair of whistleblower lawsuits alleging a drugmaker now owned by Mallinckrodt Plc improperly
promoted an expensive multiple sclerosis treatment and paid kickbacks to doctors who prescribed the drug."
"Mallinckrodt in January 2017 agreed to pay $100 million to resolve claims that Questcor violated antitrust laws by sharply increasing the price of
Acthar while ensuring that no rival medicine appeared on the market."
https://finance.yahoo.com/news/mallinckrodt-shares-drop-u-jo...
|
|
|
Ubya
International Hazard
Posts: 1232
Registered: 23-11-2017
Location: Rome-Italy
Member Is Offline
Mood: I'm a maddo scientisto!!!
|
|
How can they think anyone can afford to pay 39k for a vial?
Just stop selling it would be easier
---------------------------------------------------------------------
feel free to correct my grammar, or any mistakes i make
---------------------------------------------------------------------
|
|
|
Morgan
International Hazard
Posts: 1660
Registered: 28-12-2010
Member Is Offline
Mood: No Mood
|
|
Quote: Originally posted by Ubya  | How can they think anyone can afford to pay 39k for a vial?
Just stop selling it would be easier |
Looks like Mallinckrodt is kind of down on the list, not even the top spot. Pretty smooth though to increase the price of an an inexpensive drug to
such heights. Imagine them sitting around pondering raising the price even more.
https://www.goodrx.com/blog/20-most-expensive-drugs-in-the-u...
|
|
|
Mr. Rogers
Hazard to Others
Posts: 184
Registered: 30-10-2017
Location: Ammonia Avenue
Member Is Offline
Mood: No Mood
|
|
If I was president, I would immediately seize and nationalize the companies that pull these stunts. We give these companies very wide latitudes in
the marketplace and in exchange they need to behave themselves.
[Edited on 1-5-2019 by Mr. Rogers]
|
|
|
Texium
|
Thread Split
1-5-2019 at 07:14 |
Herr Haber
International Hazard
Posts: 1236
Registered: 29-1-2016
Member Is Offline
Mood: No Mood
|
|
Another case of Martin Shkreli ?
|
|
|
RedDwarf
Hazard to Others
Posts: 161
Registered: 16-2-2019
Location: UK (North West)
Member Is Offline
Mood: Variable
|
|
Seems like it, although in this case the collusion of dodgy physicians seems to have been a significant factor as well - I'm happy to see the pharma
firms taken to the cleaners for behaviour like this but I bet none of the doctors involved suffer anything more than a slapped wrist at most.
|
|
|
![[*]](images/xpblue/default_icon.gif){kind=icon}
