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Drug company offers cheap version of costly Turing drug

1 year 20 hours 22 minutes ago October 22, 2015 Oct 22, 2015 Thursday, October 22 2015 October 22, 2015 10:48 AM in Health
Source: Associated Press
By: APNewsNow

SAN DIEGO - A drug company will begin selling a low-cost version of Daraprim, a life-saving drug at the center of a firestorm over the practices of some pharmaceutical companies after it was acquired and its new owner increased the price more than 5,000 percent.

Imprimis Pharmaceuticals will supply capsules containing the two active ingredients in Daraprim, pyrimethamine and leucovorin, for as little as $99 for a bottle of 100 capsules. The company makes custom drugs for individual patients.

Daraprim, a 62-year old drug, is the only approved treatment for a life-threatening parasitic infection. Former hedge fund manager Martin Shkreli's Turing Pharmaceuticals acquired the rights to the drug and jacked up the price from $13.50 to $750 per pill overnight.

Imprimis will work with insurers and others to make its capsules widely available.

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