How Much Would You Pay for an Old Drug? If You Have MS, a Fortune

http://www.bloomberg.com/news/articles/2015-04-24/health-the-price-of-multiple-sclerosis-drugs-only-goes-up

When the first therapies to treat MS were approved in the 1990s, they cost $8,000 to $12,000 a year. Subsequent drugs entered the market with higher prices. The competition didn’t drive down cost, as Economics 101 would predict. Instead, the prices of the older drugs increased and rose several times faster than the overall rate at which drug costs increased…

Now all the MS drugs cost between $50,000 and $65,000 a year, including the ones that went for less than $10,000 when they made their debut…

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