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Schumer calls for probe of ‘gray market’ drug prices
Modern Healthcare

U.S. Sen. Charles Schumer is calling for a federal investigation of so-called “gray market” sales of drugs at inflated prices to hospitals that are facing shortages of some medications. The New York Democrat says these gray market prices can be hundreds of times the normal costs. He wants the Federal Trade Commission to investigate whether there is price-gouging of some life-saving drugs, including chemotherapy treatments and blood pressure medications.

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