Drug price disparities between the U.S. and Canada
U.S. Senator Amy Klobuchar (D-Minn.) says that after Ovation Pharmaceuticals acquired the rights to the drug Indocin from Merck, they quickly increased the price by more than 18 times. Klobuchar points out that eventhough it is an American company, the price they charge is 44 times higher than what they sell it for in Canada. Klobuchar says there is no real justification for the huge price disparity. (1:04)
July 24, 2008
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