Pricing of Drugs Codeveloped By Federal Laboratories And Private Companies Hea
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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