Another Shkreli-like drug price controversy? Leadiant finds itself in the spotlight after 500-fold price hike — FT
Martin Shkreli may be cooling his heels in a federal prison, but the pharma pricing strategy he pursued that got him into an intense national controversy appears to be alive and well in Europe this week.
The Financial Times concentrated its attention over the weekend on the case of a drug called chenodeoxycholic acid, or CDCA. Leadiant Biosciences, earlier known as Sigma-Tau, gained control of the cheap, old drug, once used to treat gallstones, after it had become routinely used off-label to treat a rare condition called cerebrotendinous xanthomatosis.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.