drug pricing

Most Read

This Company Just Got Caught Jacking Baby Meds 85,000%

Price gouging by drug companies continues to run rampant.

TIME.com stock photos

[DIGEST: Business Insider, Gizmodo, Washington Post, Wall Street Journal, Ars Technica, Time]

Drug manufacturer Mallinckrodt Pharmaceuticals has settled a lawsuit with the US Federal Trade Commission (FTC) for creating a monopoly over a life-saving medication for infants with epilepsy — and then increasing the price by 85,000 percent.

Keep reading... Show less