A US senator calls out a little biotech for price gouging. But will it change anything?
A little known biotech called Strongbridge Biopharma has attracted the attention of a prominent US senator who would like to make the company the latest poster child for price gouging in the pharma world.
Earlier this week the Washington Post published a report which detailed how Strongbridge obtained an old and once cheap drug that had nabbed an FDA approval for a rare disease, and jacked a six-figure price for patients. And Missouri Senator Claire McCaskill says she wants to do something to stop this — and prevent others from following what has become a well worn path.
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