24
Oct

Sanders seeks Ariad data on cancer drug price hikes

Call it Bernie Sanders vs. Ariad Pharmaceuticals, medical Act Two.

The Vermont senator and erstwhile presidential candidate, for sale who has helped make prescription drug pricing a high-profile issue, vcialis 40mg sent the company a letter1 on Thursday asking for a plethora of data that might explain a string of “staggering” and “outrageous” price hikes2 for an expensive cancer treatment.

The move comes six days after Sanders tweeted about the price hikes, which sent Ariad stock plummeting and wiped out $387 million in its market capitalization in one day. The tweet was only the latest in a growing list of attacks on the cost of medicines3 that has rattled the pharmaceutical industry, as a growing number of federal4 and state lawmakers5 look for ways to contain costs.

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