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3 years ago

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Celgene repeatedly raised Revlimid's price to hit aggressive sales targets, congressional probe fi

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Celgene repeatedly raised Revlimid's price to hit aggressive sales targets, congressional probe fi

Pharma has routinely defended its price hikes by arguing that research is risky and expensive, and rebates to middlemen are growing. But a congressional probe unveiled Wednesday shows Celgene, now part of Bristol Myers Squibb, had another reason for hiking Revlimid's price: meeting its revenue goals.

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Celgene repeatedly raised Revlimid's price to hit aggressive sales targets, congressional probe fi

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Celgene repeatedly raised Revlimid's price to hit aggressive sales targets, congressional probe fi

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