US Senate report details price-gouging by pharmaceutical companies
pharmaceutical | January 06, 2017
The companies—Turing Pharmaceuticals, Retrophin, Valeant Pharmaceuticals International and Rodelis Therapeutics—targeted decades-old, off-patent drugs, monopolized both their production and distribution, and held dying patients and their health care providers hostage as they hiked prices, often overnight, by tenfold or greater. All four companies were headed by veteran hedge fund traders and were run as such.