As Americans Increasingly Seethe at Big Pharma’s Money Racket, Government Is Coddling Its Power More Than Ever

‘Public anger at Pharma and its outrageous prices has never been higher. First a smirking Martin Shkreli, founder of Turing Pharmaceuticals, refused to explain or defend his price hike of the antiparasitic drug Daraprim from $13.50 to $750 on the Hill in February, a price hike that could put the life-saving drug out of reach for some.
With clear derision for regulators and the public itself, he tweeted that lawmakers were “imbeciles” after he testified. Then Mylan jacked the price of its EpiPen, an emergency allergy treatment that saves lives, to $600 up from the $100 almost overnight this summer. After public uproar, Mylan offered EpiPen cost breaks to low-income people–a common Pharma ruse that simply shifts costs to others while letting Pharma keep its prices.’
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