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If you want to read the article. Plug this article into google translate. Otherwise you need a subscription from the FT https://www.rbc.ru/society/10/12/2017/5
by bob_theslob646 9y ago
If you want to read the article. Plug this article into google translate. Otherwise you need a subscription from the FT
https://www.rbc.ru/society/10/12/2017/5a2d310f9a794763beb12377 https://www.rbc.ru/society/10/12/2017/5a2d310f9a794763beb123...
For non-subscribers, hear you go.
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American drug manufacturer Avondale Pharmaceuticals "raised the price of vitamins" Niacor "by 809%, to $ 295 per package," writes the Financial Times . This is the only medicine containing niacin (vitamin B3), which can be bought by prescription.
Last month, one package of vitamins per 100 tablets cost $ 32.46. The medicine containing niacin can be bought in online stores for $ 5, but it is not certified by the US Health Department - the Office of Sanitary Supervision for Food and Drug Administration.
"Avondale took advantage of the strategy of businessman Martin Shkrely:the company bought the rights to the medicine from Upsher Smith, the American unit of Japanese Sawai Pharmaceutical, being the only producer of the drug, and sharply increased the price."
How many times must this happen before the government gets involved?
- chinathrow 9y agoCongress is involved - many congressmen and women are walthy enterpreneurs. Not a single one of those would love to cut into their business friends margins, I guess.