Sen. Brown calls for probe into drug’s cost hike

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Sen. Brown calls for probe into drug’s cost hike

Toledo Blade – U.S. Sen. Sherrod Brown (D., Ohio) called Sunday for a federal investigation of a pharmaceutical company for its 14,900 percent increase in the price of a drug used to prevent premature labor for women in high-risk pregnancies.

The prenatal drug Makena, which had been priced between $10 and $20 per weekly injection, now will cost $1,500.

At a news conference at Toledo Hospital, Mr. Brown said the action by KV Pharmaceutical Co. of St. Louis amounts to price gouging.

He and U.S. Sen. Amy Klobuchar (D., Minn.) asked the Federal Trade Commission to determine if KV’s actions violated anti-trust regulations.

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