Summary Box: Alleged drug price-gouger probed

AP News
Posted: Nov 02, 2011 6:35 PM
Summary Box: Alleged drug price-gouger probed

PRICE-GOUGING PROBE: The top Democrat on the House Oversight Committee is investigating alleged price-gouging by secondary drug distributors accused of offering scarce hospital drugs at huge markups.

NOT RESPONDING: Elijah Cummings is again demanding an uncooperative drug wholesaler, Superior Medical Supply of Colorado, explain how it got a cancer drug in critically short supply and was offering it to hospitals for nearly eight times the usual price. Superior isn't commenting.

SHORTAGE IMPACT: Lack of lifesaving hospital drugs has been disrupting patient care and blamed on at least 15 deaths.