Maker of $1,000 hepatitis C pill put profit before patients: U.S. Senate

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WASHINGTON — The makers of a breakthrough drug for hepatitis C put profits before patients in pricing the $1,000 pill that cures the liver-wasting disease, Senate investigators said Tuesday.

A bipartisan report from the Senate Finance Committee concluded that California-based Gilead Sciences was focused on maximizing revenue even as the company’s own analysis showed a lower price would allow more patients to be treated.

Although the report focused on just one drug that has made headlines in the last few years, the lawmakers who led the investigation said their findings are a warning about what’s to come with other high-priced treatments for cancer, diabetes, Alzheimer’s and HIV.

Read more…http://www.ctvnews.ca/health/maker-of-1-000-hepatitis-c-pill-put-profit-before-patients-u-s-senate-1.2681781

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