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Pharma company threatens shortages to hike up cancer drug prices by 4000%

May 5th, 2017
Categories: News

Link: https://www.intellihub.com/pharma-company-threatens-shortages-to-hike-up-cancer-drug-prices-by-4000/

South African Aspen Pharmacare. This company tried to drive up the price of five different cancer drugs as much as 4,000 percent. Moreover, it threatened to stop supplying the much-needed medication if health authorities didn’t agree to the higher prices. U.S. drug companies are charging up to 10 times as much for pharmaceuticals when compared to other developed countries.

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