Mallinckrodt Pharmaceuticals announced today that the company expects to pay $15.4 million in a settlement with the U.S. Justice Department after allegations that Questcor Pharmaceuticals, which Mallinckrodt acquired in 2014, had bribed doctors and their staff to prescribe an incredibly expensive drug.
Today, in Medicare-For-All-is-inevitable news: A pharmaceutical company jacked up the price of a drug for newborns from $40 to FORTY THOUSAND DOLLARS, even though it has been in the market, unchanged, since 1952. And then they were caught bribing doctors to prescribe it!
On top of this, there’s a $33 version of the drug in Canada. So, what did these jerks do? Why, bought the rights to sell it in the US, and then simply locked it up, of course! I mean, what else does one do in this situation?