http://abcnews.go.com/Health/Womens...ture-births-skyrockets-drug/story?id=13104588
From $10 per shot to $1500 per shot. Your tax dollars at work. Yeah, that's right, you paid for the work that went into this:
Doctors were hoodwinked into supporting the FDA's move:
No comment from the FDA. Can't imagine why. Whose pocket are they in this time?
Preventing preterm births just got 150 times more expensive, now that KV Pharmaceuticals has gained exclusive rights to produce a progesterone shot used to prevent premature births in high-risk mothers.
Although the shot has been available in unregulated form from specialty compounding pharmacies for years for $10 a pop, the Food and Drug Administration recently granted KV Pharmaceuticals sole rights to produce the drug, which will be marketed as Makena and cost $1,500 per dose -- an estimated $30,000 in total per pregnancy.
From $10 per shot to $1500 per shot. Your tax dollars at work. Yeah, that's right, you paid for the work that went into this:
"All the upfront development of the drug was done by the National Institute of Health. You and I paid for that with our tax dollars, it's not like this pharmaceutical company is trying to recoup its investments in research and development, as is usually the reason for the price of new drugs," says Dr. Kevin Ault, associate professor of gynecology and obstetrics at Emory University School of Medicine.
Doctors were hoodwinked into supporting the FDA's move:
Menard said, like others in the field, she had supported efforts to win FDA approval for the drug, believing it "would make it easier for our patients to get the drug." Now, she says, she is outraged. "This financial barrier, we see it as insurmountable."
No comment from the FDA. Can't imagine why. Whose pocket are they in this time?