Bristol Myers currently gouges Medicare, private insurance and private wallets to the tune of $20,000 a month for a cancer pill that costs $0.25 (25 cents) to make. It manages this by having created a monopoly, not compete in a free market. Free markets are myth.
www.propublica.org/article/revl...
The Price of Remission
When I was diagnosed with cancer, I set out to understand why a single pill of Revlimid cost the same as a new iPhone. I’ve covered high drug prices as a reporter for years. What I discovered shocked ...
