This arthritis drug cost $198 in 2008. Now it's more than $10,000

Posted on AllSides October 18th, 2021
From The Left
Illustration: Aïda Amer/Axios

In 2008, a box of 30 anti-inflammatory rectal suppositories that treats arthritis, called Indocin, had a price tag of $198. As of Oct. 1, the price of that same box was 52 times higher, totaling $10,350.

Why it matters: As federal lawmakers continue to waver on drug price reforms, Indocin is another example of how nothing prevents drug companies from hiking prices at will and selling them within a broken supply chain.

Driving the news: Indocin has changed ownership multiple times over the years, and the companies involved have controversial histories.

Iroko Pharmaceuticals,...

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