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The article explains why it's so expensive: > Why are prices so different in the U.S.? > "In other countries, there are price control methods. The government
by mtgx 9y ago
The article explains why it's so expensive:
> Why are prices so different in the U.S.?
> "In other countries, there are price control methods. The government steps in to ensure drug prices do not increase by a certain amount," Alpern says. "There are no price control mechanisms in the U.S."
> Between 2011 and 2016, mebendazole's price jumped more than 8,000 percent, from $4.50 to $369.
So it was indeed $4.5 in the U.S. - until the company decided to get greedy.
- throwaway2016a 9y agoI'm not sure your conclusion follows from the article. The lack of controls may contribute but the reasoning may have not been greed. There are many market factors in play. It may very well be greed but I don't see much evidence in this article either way. In other words, the article explains why the price growth was not capped. It does not explain why it grew in the first place. In general I wish the drug company had taken time to contribute to this article and show their side of the story.