Economics @ ITT

Price-Gougers Hike Drug Costs During Shortage

Posted in economics, microeconomics, Policy Issues, Regulation by ittecon on August 17, 2011

Amid growing shortages of life-saving drugs, some back-door suppliers are capitalizing on the problem, jacking up prices for medications for cancer, high blood pressure and other serious problems by as much as 4,500 percent, a new hospital survey shows.

via Price-gougers hike drug costs during shortage – Health – Health care – msnbc.com.

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