Noobink: TIL Colchicine, a Drug that's been used safely since 550 AD to treat Gout, has gone from 10 cents a pill to $5 a pill. The FDA decided to offer a monopoly to anyone that would do safety testing. URL Pharma was granted a monopoly after a 1 week trial involving 185 patients and a $45 million fee.

TIL Colchicine, a Drug that's been used safely since 550 AD to treat Gout, has gone from 10 cents a pill to $5 a pill. The FDA decided to offer a monopoly to anyone that would do safety testing. URL Pharma was granted a monopoly after a 1 week trial involving 185 patients and a $45 million fee.

http://www.slate.com/articles/health_and_science/medical_examiner/2011/03/a_giant_pain_in_the_wallet.html

Submitted April 17, 2015 at 09:18PM by Etopn23 http://www.reddit.com/r/todayilearned/comments/32xn7g/til_colchicine_a_drug_thats_been_used_safely/

Noobink

TIL Colchicine, a Drug that's been used safely since 550 AD to treat Gout, has gone from 10 cents a pill to $5 a pill. The FDA decided to offer a monopoly to anyone that would do safety testing. URL Pharma was granted a monopoly after a 1 week trial involving 185 patients and a $45 million fee.

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