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Monday, July 27, 2015

118 Cancer Specialists Decry Rising Cancer Drug Prices

118 Cancer Specialists Decry Rising Cancer Drug Prices: "In an article directed against big pharmaceutical companies which are basically dictating market prices, the cancer specialists are urging them to lower prices for some drugs which have gone up by a whopping $8,500 per year since 2000.

The doctors are protesting prohibitive prices due to the fact that they disrupt treatment and overall care of cancer patients who cannot afford them, leading many to seek costly loans which add to their financial burdens and stress factors. According to data presented in the article, the average $52,000 per year household income in the U.S. wouldn’t be enough to cover even half the costs of particularly pricy treatments, which have drugs costing $120,000 per year in addition to other treatment-related expenses."



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