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.
Yahoo News reports that a team of doctors in Britain is warning that people with mild cases of COVID-19 could suffer from “potentially fatal complications in the brain including delirium, nerve damage, and stroke.” The doctors examined 43 hospitalized patients and found that 10 suffered from temporary brain dysfunction, 12 had brain inflammation, 8 experienced […]
A few years back, my brother Rick Pescovitz came up with Under The Weather Pods, single-person pop-up shelters. (You may have caught Rick on Shark Tank.) Rick was sick of getting soaked at his kids’ soccer games and was inspired by a portable toilet he saw by the field. Under The Weather Pods are designed […]
Because the cruelty is the point.
It’s almost shocking to say…but there’s actually an incredible amount of manhood wrapped up in how well you cook a steak. Of course, no one would argue your grilling abilities are THAT important. Or that how well you sear a prime slab of beef should have any bearing on your social standing or feeling of […]
The notion of two people sleeping in the same bed always inspires romantic visions of love and intimacy. However, most quickly realize that the romance of sleeping together is often quickly replaced by the realities of the act. One partner snores. The other talks in their sleep. One grinds their teeth. The other hogs the […]
Add Internet of Things to the shortlist of those actually benefiting from the effects of the COVID-19 pandemic. You might not realize it, but the organizing principle that is bringing more automation to the world is actually proving to be a major asset as human beings are forced to stay home and away from the […]