Post Profile

A Pharmaceutical Company Just Jacked up the Price of an Acne Cream to $10,000

Click here for reuse options! Novum Pharmaceuticals approaches Martin Shkreli levels of price gouging. This article was originally published at Revelist. DAAAAMN, Big Pharma, back at it again with the price gouging! Last week, drug manufacturer Novum Pharma jacked up the price of one of its acne creams, Aloquin, to $9,561 — a 128% hike from its previous cost. "From a clinical standpoint, a drug listed as 'possibly effective' by the FDA, shouldn't be a likely treatment choice by doctors — especially not with a $10,000 price tag," Michael Rea, chief executive of Rx Savings Solutions told CNBC.
read more

See more about: Martin Shkreli

Related Posts

Martin Shkreli, Who Was Just Arrested, Resigned From Company Where He Raised Drug Prices

News : NYMag: Intelligencer

Martin Shkreli, the "most hated man in America" and a "pharma bro" known for raising drug prices by nearly 5,000 percent and spending $2 million on a Wu-Tang Clan album, resigned from Turing Pharmaceuticals on Friday. A day earlier,...

Martin Shkreli Abandons Promise to Lower HIV Drug Price He Gouged

News : Truthdig

    Turing Pharmaceuticals CEO Martin Shkreli. (CBS) Disreputable pharmaceutical boss Martin Shkreli has reneged on his promise to lower the price of an HIV medication he raised from $13.50 per pill to $750 per pill. The Guardian re...

Martin Shkreli, accused of drug price gouging, charged with securities fraud

News : The Rundown News Blog

Martin Shkreli, chief executive and founder of Turing Pharmaceuticals, was arrested at his Manhattan home Thursday morning and charged with securities fraud. Continue reading ? The post Martin Shkreli, accused of drug price gouging,...

Pharma Bro Emails Reveal Just How Greedy Drug Companies Can Be

News : Huffington Post

"$1bn here we come." That was the triumphant message sent by then-Turing Pharmaceuticals CEO Martin Shkreli, the infamous "Pharma Bro" who jacked up the price of a life-saving drug by 5,000 percent last year, when it became clear hi...

‘Pharma Bro’ backs down: Martin Shkreli will roll back outrageous Daraprim price gouge

News : The Raw Story

Turing Pharmaceuticals CEO Martin Shkreli said on Tuesday that he would not go through with his plan to raise the price of the anti-cancer drug Daraprim to $750 per pill, NBC News reported. “It is absolutely a reaction,” Shkreli sai...


Copyright © 2016 Regator, LLC