Pricing of Drugs Codeveloped By Federal Laboratories And Private Companies Hea

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Pricing of Drugs Codeveloped By Federal Laboratories And Private Companies Hea
Business Opportunities United States Congress House Committee On Small
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Then if you went to the bottom of the list again, you have to crank that one up, and I don't know where you end up, but they all end up at the top.
Levamisole, the least-expensive drug, was developed and sold for many years to de-worm sheep. It cost a nickel a pill. The Govern- ment spent $11 million, proved it could treat ovarian cancer. John- 34 son and Johnson, who was still holding a patent on the drug, raised the price to $5 a pill, an increase of over 100 times on what they were charging
...the farmers to treat sheep.
So, in my mind, that demonstrated that even the lowest-priced drug on the list could be overpriced. I discussed this with Dr. Chabner, the person on the previous panel, and he said to me, that is ridiculous, levamisole is no big deal. At $100 a month, it is cheap. It is a bargain.
Now, that is the attitude at the National Cancer Institute. I mean, until you are talking about serious money, maybe the cost of a Mercedes-Benz or something like that, you are not talking about anything that anybody really cares about.


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