pharmaceuticals

How generic medicines wind up costing nearly as much as their brand-name competitors

October 4, 2015Medicine

When Turing Pharmaceuticals jacked up the price of a decades-old drug from $13.50 to $750 a pill, the company sparked a nationwide outcry over the price of medicine. Here is why some generic meds can cost nearly as much as brand-name pills.

A woman makes a purchase at a store in Tehran.

Iranian entrepreneurs are ‘dreaming of the doors opening’ to the West

January 20, 2015Global Politics

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