Friday, September 23, 2016

"Pharma company boosts the price of an old acne cream 3,900%"


The 60g tube of zit-zapping topical previously cost just $241.50—but that was months ago, before Chicago-based Novum Pharma bought the medication from Primus Pharmaceuticals in May of 2015 and made no changes to the product at all. Since then, Novum hiked the price three times, reaching an increase of 3,900 percent.

Like many other drugs that have seen huge and sudden price hikes, Aloquin is old and cheap to make.


The Food and Drug Administration has dubbed it “possibly effective,” meaning there’s scant clinical data indicating it’s safe and it works.