AS FLINT WATER CRISIS UNFOLDED, PHARMA COMPANY RAISED PRICE OF LEAD POISONING DRUG 2,700 PERCENT

The saga of Flint, Michigan, where residents suddenly found themselves drinking lead-poisoned tap water, demonstrated how people become victims of corrupt government. If that weren’t enough, those who suffer the worst from lead poisoning find themselves the victim of shameless corporate greed.
As the Flint water crisis unfolded and we began finding out that lead-tainted water is a problem in cities across the country, one notorious pharmaceutical company saw a chance to cash in.
Valeant Pharmaceuticals raised the price of a drug used to treat lead poisoning by 2,700 percent after acquiring the drug in 2013. By 2015 – as the issue of lead poisoning became prominent news – the price for a package of vials rose from $950 to $26,927.
This intravenous treatment, called Calcium EDTA, has been available for decades at a stable price, and is the most effective for severe and life-threatening cases of lead poisoning. The dramatic price increase has drawn the ire of poison control specialists and hospitals since it began, but their concerns don’t make the MSM news headlines.

This post was published at The Daily Sheeple on OCTOBER 17, 2016.