Posted by Michael Wonder on 18 Jan 2019
Prescription drug companies are raising prices on older medicines
18 January 2019 - Prescription drug prices have become one of the “hottest political issues” of 2019, according to the Indianapolis Star. And drug manufacturers keep adding fuel to the fire.
Companies have sharply raised prices on older drugs in the face of shortages and recalls, the Wall Street Journal reported. Some of the medicines are now triple or more their previous cost.
Out of 120 drugs that the FDA listed as in short supply, a third raised prices after the shortages began. The manufacturers argue that the prices only reflect their own higher expenses to fill shortages.
