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Pharma CEO Jacks Drug Price 400%, Citing 'Moral Requirement to Make Money'
Ars Technica Sept. 13, 2018
"Nirmal Mulye, CEO of the small Missouri-based drug company Nostrum Laboratories, raised the price of bottle of nitrofurantoin from $474.75 to $2,392 last month. The drug is a decades-old antibiotic used to treat urinary-tract infections caused by Escherichia coli and certain other Gram-negative bacteria. The World Health Organization lists nitrofurantoin as an essential medicine."
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