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How A Drug Costs $4 In India And $1000 In The U.S.
ResumeDrug prices have been in the news a lot lately after former pharmaceutical executive Martin Shkreli hiked the price of a life saving drug by more than 5000 percent. But now there's another drug in the news.
A pill to treat Hepatitis C called Sofosbuvir is sold the U.S. for $1000 a pop. But in India, a generic version is available for just four dollars.
Here & Now's Robin Young looks at why with Michael Regan of Bloomberg News.
Guest
- Michael Regan, editor for Bloomberg News. He tweets @Reganonymous.
This segment aired on January 1, 2016.