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If pharmaceutical companies don’t restrain themselves, someone else will

Imagine that you are gasping for breath, literally on the verge of death. Then someone injects you with a medicine and — miracle! — you are perfectly healthy again.

Would you pay $300 for that injection?

The treatment is epinephrine; your illness was a life-threatening allergy. And that $300 price? That reflects a six-fold increase from a couple of years ago. It’s one thing for medications to be expensive. But why does the same medication become more expensive over time?!

Americans are justifiably angry about rising prices for drugs that have been on the market for years.

Continue reading …

Your patients are rating you online: How to respond. Manage your online reputation: A social media guide. Find out how.


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