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Big Pharma Ushers in New Year With Price Hikes on Hundreds of Drugs

posted by takyon on Thursday January 03 2019, @06:22PM   Printer-friendly
from the same-old-new-year dept.

MrPlow writes:

Submitted via IRC for SoyCow1984

Source: Big Pharma ushers in new year with price hikes on hundreds of drugs

More than three dozen drug companies welcomed the new year with sweeping price hikes on hundreds of medicines, according to a new analysis from Rx Savings Solutions, which was first reported by The Wall Street Journal.

The drugs that saw list-price increases on January 1 ranged from generics and blood-pressure drugs to brand-name prescriptions such as the dry-eye treatment Restasis. The average price jump blew past inflation at 6.5 percent, with some medicines seeing double-digit increases—bucking many drug companies' vows to keep such periodic hikes under 10 percent.

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  • (Score: 2) by shortscreen on Thursday January 03 2019, @10:25PM (2 children)

    by shortscreen (2252) on Thursday January 03 2019, @10:25PM (#781730) Journal

    Right, do you have some yeast that have been genetically modified to produce human insulin I can borrow to start my garden?

    In 1922 diabetics were treated with ox-pancreas extract. https://en.wikipedia.org/wiki/Insulin [wikipedia.org]

    A plant that grows norepinephrine that I could refine into epinephrine for an epi pen?

    In 1901, Takamine successfully isolated and purified the hormone from the adrenal glands of sheep and oxen. https://en.wikipedia.org/wiki/Adrenaline [wikipedia.org]

    You have oxen on your farm, right?

    Starting Score:    1  point
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  • (Score: 1) by fustakrakich on Thursday January 03 2019, @11:07PM

    by fustakrakich (6150) on Thursday January 03 2019, @11:07PM (#781754) Journal

    If not, the local butcher shop should have all the ingredients. Maybe they'll have a lab out back. Does it have to be an ox, or can you use a moose?

    --
    La politica e i criminali sono la stessa cosa..

  • (Score: 2) by Immerman on Thursday January 03 2019, @11:59PM

    by Immerman (3985) on Thursday January 03 2019, @11:59PM (#781783)

    I wonder why they used ox specifically - I wouldn't think the pancreas would be substantially different than an bull castrated at some other time, or a cow for that matter.