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Questcor Finds Profits, at $28,000 a Vial

9 pointsby daviover 12 years ago

1 comment

computatorover 12 years ago
&#62; <i>it raised the price overnight, to more than $23,000 a vial, from $1,650, bringing the cost of a typical course of treatment for infantile spasms to above $100,000.</i><p>&#62; <i>we only have about 800 patients a year</i><p>&#62; <i>Sales ... totaled nearly $350 million in the first nine months this year, up 145 percent from the period a year earlier</i><p>The counter-intuitive lesson is that charging vastly higher prices don't necessarily hurt sales.