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Why Drug Prices Are Hard To Regulate

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The reaction was sharp and negative when Turing Pharmaceuticals raised the price of one of its drugs... from $13.50 per pill to $750.00.  The company CEO was later sent to jail, but not for the drug prices. 

Regulators appear powerless to affect drug prices.  Or did, until California passed a state law to require drugmakers to provide more information and time when they raise prices. 

We discuss drug prices and how they are set with Mariana Socal of the Johns Hopkins School of Public Health

We also touch on the affordability of drug prices for cancer patients with hematologist-oncologist Dr. Vinay Prasad of Oregon Health and Sciences University.

Jesse Ellis is with Oregonians for Affordable Drug Prices Now, and joins the conversation.   

 

 

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Geoffrey Riley is a graduate of the University of Missouri School of Journalism and has hosted the Jefferson Exchange on JPR since 2009. He's been a broadcaster in the Rogue Valley for more than 35 years, working in both television and radio.
April Ehrlich is an editor and reporter at Oregon Public Broadcasting. Previously, she was a news host and reporter at Jefferson Public Radio.
John Baxter's history at JPR reaches back three decades.  John was the JPR program director who was the architect of "the split" when JPR grew from a single program stream to three separate streams. We coaxed him out of retirement and he's now a co-producer of the Jefferson Exchange.