2,000% Drug Price Surge Is a Side Effect of FDA Safety Program

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  • Drugs used for decades are licensed, branded in safety drive
  • Prices jump as makers given monopolies on approved versions

How Common Is It for Companies to Raise Drug Prices?

Colchicine, a gout remedy so old that the ancient Greeks knew about its effects, used to cost about 25 cents per pill in the U.S. Then in 2010 its price suddenly jumped 2,000 percent.

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