Price Gouging of Cancer Drugs in Short Supply Hits Some Hospitals Hard

August 18, 2023

(NBC News) – NBC News spoke to seven hospitals and cancer clinics in the U.S. that said they are being asked to pay five to 10 times more for vital cancer drugs, putting patients at risk of losing access to the lifesaving treatments if the providers are unable to cover the marked-up cost.  The culprits behind the price gouging, they say, are so-called gray market vendors who exploit drug shortages by buying desperately needed medications from distributors or pharmacies and then selling them to hospitals or clinics at inflated prices. (Read More)