Healthcare

Report: Pharma exec says he had ‘moral requirement’ to raise drug price 400% – CNN

A Nostrum Pharmaceuticals executive defended his company’s recent 400% nitrofurantoin price increase, telling the Financial Times that it had a “moral requirement to sell the product at the highest price.” The head of the FDA blasted the executive on Twitter.

Source: Report: Pharma exec says he had ‘moral requirement’ to raise drug price 400% – CNN

I think it’s a moral requirement to ensure the health of every citizen of this state. That includes protecting Arizonans from predatory practices by insurance providers and drug companies.