Premature Births Drugs Outrageously Priced

The price of preventing preterm babies is about to go through the roof because of KV Pharmaceutical has sole ownership of a drug. This form of progesterone cost $10 to $20 per injection, but now may cost $1,500 per injection ($30,000 per pregnancy). This outrageous hike in price occurred when KV won approval to sell the drug as opposed to special pharmacies that were not federally approved. A few doctors responded to the drug's new price;

"That's a huge increase for something that can't be costing them that much to make. For crying out loud, this is about making money," said Dr. Roger Snow, deputy medical director for Massachusetts' Medicaid program.
"I've never seen anything as outrageous as this," said Dr. Arnold Cohen, an obstetrician at Albert Einstein Medical Center in Philadelphia.

The pros of KV owning the rights to the drug is that it is better regulated and is safer, but this includes the outrageous price increase. Even if insurance covers the prices, I still don't agree with the price, nor do many other people. It is obvious most women can not afford this treatment, even so, KV has not dropped the price. This is just another negative view of America's medical providers.