Pharmaceutical Industry And Its Practices Of Testing, Safety, And Marketing

1844 Words 8 Pages
The pharmaceutical industry and its practices of testing, safety, and marketing have been a controversial topic among U.S. citizens. In the United States, pharmaceuticals are the most government regulated products, yet there is still no regulation on the cost of prescription drugs. The prices of medication can go up overnight if the company chooses, which I believe to be unfair and unethical. If a pharmaceutical company that manufactures something considered to be "life-saving", then I think they should be required to increase the price in smaller increments over time instead of one lump sum. Pharmaceutical companies have faced many controversies as of late. From lawsuits against the Food and Drug Administration (FDA), to the huge price hikes on crucial medications, ultimately leading to a congressional hearing against the CEO of Mylan, the company that produces the EpiPen. The outragous price increase of the EpiPen in particular has stirred up a lot of controversy in the media lately. But the EpiPen isn 't the only drug that has gone up in price. Certain medications for cancer and HIV/AIDS patient 's such as Daraprim, increased last year from $13.50 to $750. The sudden increase has caused many consumers to stop use of the drug. Mylan, the company that produces the EpiPen increased the price of a two pack from $100 to $600 which caused Congress to take action. According to an article from USA TODAY, a Congress Rep. Stephen Lynch called the price hike "disgusting" and…

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