Turing Pharmaceuticals, a months-old biotech startup has repriced a 62-year-old drug called Daraprim from $13.50 per pill to a stunning $750 per pill. The drug is prescribed for toxoplasmosis and other types of infections.

Imprimis Pharmaceuticals, a San Diego-based pharmaceutical company, announced that it has created a customizable alternative to Daraprim that costs roughly $1 per pill. In response to this, Turning announced to lower the price of Daraprim to a point that is more affordable and is able to allow the company to make a profit Read More>>