Tuesday, May 17, 2016
Here's Why Some Generic Medications Are Too Expensive, And How To Reduce Their Price
She drew the life-saving medication into the syringe, just 10cc of colorless fluid for the everyday low price of, gulp, several hundred dollars. Was that a new chemotherapy, specially designed for her tumor? Was it a “specialty drug,” to treat her multiple sclerosis? Nope. It was insulin, a drug that has been around in generic form for decades.