The reaction was sharp and negative when Turing Pharmaceuticals raised the price of one of its drugs... from $13.50 per pill to $750.00. The company CEO was later sent to jail, but not for the drug prices.
Regulators appear powerless to affect drug prices. Or did, until California passed a state law to require drugmakers to provide more information and time when they raise prices.
We discuss drug prices and how they are set with Mariana Socal of the Johns Hopkins School of Public Health.
We also touch on the affordability of drug prices for cancer patients with hematologist-oncologist Dr. Vinay Prasad of Oregon Health and Sciences University.
Jesse Ellis is with Oregonians for Affordable Drug Prices Now, and joins the conversation.
