These new pharma bros are wreaking havoc on prescription drug prices

Bloomberg

6 April 2018 - A Chicago-based duo is selling a simple strategy — and companies they’ve worked with have raised prices on drugs as much as 4,116%.

For at least the past three years, Todd Smith and Benjamin Bove have crisscrossed the U.S., offering a sure-fire fix for struggling pharmaceutical companies. And wherever they go, the price of prescription drugs tends to skyrocket.

While Martin Shkreli, nicknamed Pharma Bro, became notorious for sharply — and unapologetically — increasing drug prices, Smith and Bove have quietly plied their trade helping to kick-start drug company sales.

Read Bloomberg article

Michael Wonder

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Michael Wonder