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MEDICAL MARVELS.

Authors :
GUNN, MEGHAN
POTTER, NED
RENZULLI, KERRI ANNE
Source :
Newsweek Global. 6/23/2023, Vol. 180 Issue 19, p18-33. 16p. 18 Color Photographs.
Publication Year :
2023

Abstract

Their latest disruption: Starting in July, the company will sell its first so-called biosimilar drug, Yusimry, an alternative to the immunology drug Humira, one of the bestselling medications of all time, at a cost of $569.27 plus dispensing and shipping fees, vs. $6,922 for a similar dosage of Humira. MORE THAN ONE-THIRD OF AMERICANS, including nearly half of those with annual incomes below $50,000, have skipped taking prescribed drugs because of high prices - something former radiologist Alex Oshmyan-sky witnessed firsthand among his patients, sometimes with devastating health consequences. When Shkreli, a former pharmaceutical executive, raised the price of Dara-prim, a lifesaving drug used to treat parasitic infections, by 5,400 percent from $13.50 a pill to $750 in 2015, Oshmyansky decided he would take on price gouging by the pharmaceutical industry himself by selling off-patent drugs at manufacturing costs. M.G. MAKING MEDICINE MORE AFFORDABLE FOR ALL Alex Oshmyansky & Mark Cuban CO-FOUNDERS, MARK CUBAN COST PLUS DRUG CO. [Extracted from the article]

Details

Language :
English
ISSN :
25725343
Volume :
180
Issue :
19
Database :
Academic Search Index
Journal :
Newsweek Global
Publication Type :
Periodical
Accession number :
164299900