Raise the Price of Schizophrenia Drugs...
"Lannett increase the cost of fluphenazine, which treats certain symptoms of the mental disease, by 1,650 percent earlier this year, even though drug companies such as Valeant and Turing caused public outrage for their unexplainable price hike, according to Forbes."
“Sometimes you have no choice but to raise the price or discontinuing a product if you’re not going to make money on it,” Bedrosian told the Wall Street Journal last month.
The company defended its price hike by claiming it is consistent with industry norms.
“Before a patient purchases a prescription medication, drug distributors, wholesalers, insurance companies, and pharmacies impose markups that increase the price that the end consumers ultimately pays,” the company said in a statement."