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FiercePharma (@FiercePharma)

Twitter Bio:: FiercePharma's 140, written by Tracy Staton. Join 80,000 pharma insiders on our free newsletter at FiercePharma.com.
Location:: West End, District of Columbia
Website:: http://www.fiercepharma.com

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The First Drug With A $1 Million Price Tag May Already Be On The Market ...

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In March, comparing the price of a cancer drug on a per capita basis here and in India, I told drug companies how to charge $1.6 million per patient for a new drug — and get away with it. So long as companies make sure that all patients have access, I argued, it’s possible to convince governments and insurers to pay truly princely sums for medicines that really help patients.

Still, I thought that $1.6 million, was a sky high, off-the-charts, unbelievable amount. Â Surely, no medicine for sale today cost