The cost of lomustine, a veteran cancer drug, have skyrocketed after a startup bought the rights to it and hiked prices 1,400 percent.
According to the Wall Street Journal, lomustine was sold by Bristol-Myers Squib for years under the brand name CeeNU at a price of about $50 a capsule for the highest dose. The drugmaker sold lomustine in 2013 to a little-known Miami startup called NextSource, which proceeded to hike lomustine's price nine times since. It now charges about $768 per pill for the medication.
According to an analysis done for the Journal by Truveen Health Analytics and Elsevier, NextSource this year raised prices for the drug, which it rebranded as Gleostine, by 12 percent in November following a 20 percent increase in August.
Nextsource CEO Robert Dicrisci, pictured, says they base pricing on "product-development costs, regulatory-agency fees, and the benefit the treatment delivers to patients." As it didn't develop the drug and regulatory fees are not up 1,400%, that leaves the last part of his formulation. It is, in all fairness, a good way of suggesting that your life is surely worth every penny you have.
Currently undergoing clinical trials, the Vibrant capsule is a tiny vibrator inside a capsule that you swallow to relieve constipation. Don’t worry though because according to the web site, “the capsule is controlled by an algorithm.” Whew. From Vibrant Ltd: Constipation relief is achieved by the capsule’s vibrations on the large intestinal wall, consequently inducing […]
If you are a woman who struggles with the pain of recurring urinary tract infections, a new study suggests that drinking more water could help.
Kavanaugh got you pissed off about the future of Roe v. Wade? Support this awesome event, and this awesome nonprofit.—The Editors. In 2012, A is For was launched as a response to the ever-escalating legislative attacks on access to safe reproductive healthcare. I’m proud to be one of the co-founders and its vice president.
Speed reading isn’t just an innate skill possessed by a lucky few. Anyone can learn to speed read, and the benefits are endless. The brain can process more information than most people have time to soak up, but you can make that time now with the 2018 Award-Winning Speed Reading Bundle. The first half of […]
Sure, you could use the same old PowerPoint templates for your next business presentation. It’s not like you have bosses or investors to impress. Oh wait, you do? Time to augment that slideshow with Slideshop – the presentation tool that can individualize your pitch while saving you time. Compatible with PowerPoint, Keynote and Google Slides, […]
Multinational companies have used the no-nonsense methodologies of Six Sigma and Lean Six Sigma to oil a smooth-running operation for years. What is it? Six Sigma (and its offshoot, Lean Six Sigma) apply the principles of science to business, teaching managers to methodically target waste, maximize output and streamline the flow from producer to consumer. […]