Keeping you updated on the latest Medicare and Part D news

(Update) Daraprim Price to be Lowered in Response to Outrage

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Clearly prompted by the AcuPartD blog, the CEO of Turing pharmaceuticals, Martin Shkreli, has backtracked on his decision to raise the price of Daraprim from $13.50 to $750 per tablet.  Shkreli has said that the move will come as a response to the anger displayed by the public, but has not said what the new price will be.  Further monitoring will be intriguing.

The story also prompted Hillary Clinton to unveil her new prescription drug plan on Tuesday that aims to prevent price-gouging by pharmaceutical companies and will allow Medicare to negotiate prescription drug prices, a problem that is explored previously in this blog.




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