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Pharma company raised price of schizophrenia drug by 1,650%

A drug company jacked up the price of an antipsychotic medication by $1,650% and reeled in nearly $7 million in extra revenue.
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Lannett, a drug company that has grown profits enormously by increasing the price of some of its products, recently raised the price of its schizophrenia medicine by 1,650% over a three-month period.

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A generic drug company has so far flown under the radar after jacking up the cost of a drug used to treat schizophrenia by 1,650 percent over three months. Lannett dramatically increased the cost of fluphenazine, which treats some s...

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