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We Shouldn’t Price Medications Like Designer Handbags

September 24, 2018

Via: Forbes
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While walking through the duty-free at Dulles International Airport in Washington, D.C., I happened upon the price tag of an imported French purse. Looking around, I wondered how many travelers could afford a $2,000 handbag.

At the gate, I found a seat and logged on to the internet, where I happened upon a story about the CEO of Nostrum Laboratories, Nirmal Mulye. In an interview, Mr. Mulye explained why he raised the price of an antibiotic by more than 400%, from under $500 to over $2,000.

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