U.S. regulators have approved the most expensive medicine ever, for a rare disorder that destroys a baby's muscle control and kills nearly all of those with the most common type of the disease within a couple of years.
The treatment is priced at $2.125 million. Out-of-pocket costs for patients will vary based on insurance coverage.
This is getting obscene, and only exists because of patent granted monopoly power. I'm coming around to the idea of publicly funding medical research and ceasing to issue drug patents because the current system of allowing a single company to hold someone's life hostage in exchange for whatever sum they demand isn't feasible or justifiable any longer.
Does anyone else have any proposals to address the situation (or perhaps think it's just dandy the way it is?)