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April 23, 2020 05:11 pm GMT

Jaguar Health triples price of drug to treat coronavirus patients

Jaguar Health makes Mytesi, an antidiarrheal medication for people with HIV/AIDS. A 60-pill bottle used to cost $668.52. That was before the drugmaker ask the FDA to give it an emergency authorization to use Mytesi for people with the coronavirus. On April 9, Jaguar Health more than tripled the price of the drug to $2,206.52.

According to Axios, "Jaguar Health isn't the only drug company that has raised prices amid the outbreak. The U.S. drugmaker of chloroquine doubled the price of its product last month, the Financial Times reported."

On April 7 the FDA denied Jaguar Health's request, but the drugmaker is still talking to the National Institute of Allergy and Infectious Diseases to evaluate the effectiveness of Mytesi.

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Original Link: https://boingboing.net/2020/04/23/jaguar-health-triples-price-of.html

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