Big Pharma Desperate to Defeat California Drug Measure

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Big Pharma Desperate to Defeat California Drug Measure

Oct, 12th 2016

The stakes are high: How trendsetting California votes could spill over to other states.

That possibility is not lost on the pharmaceutical industry, which has faced withering criticism for its huge profits and examples of massive price hikes, such as Turing Pharmaceuticals raising by 5,000 percent the cost of a drug for a life-threatening parasitic infection and Mylan's popular EpiPens costing $608 for a two-pack, an increase of more than 500 percent since 2007.

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