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Democratic Senators Demand Investigation of $3 Billion in Wasted Bio-Drugs
The Fiscal Times

Efforts to combat pricey drug costs that are blowing a hole in the pockets of consumers and the budgets of government agencies picked up a little steam on Thursday. Eleven Democratic senators – including presidential candidate Bernie Sanders — pressed the Food and Drug Administration and the Department of Health and Human Services to investigate the impact of pharmaceutical companies selling “one size fits all” vials of drugs to treat cancer and other deadly diseases.

To some, the size of the container of breakthrough biometric drugs may seem like a minor consideration. Yet a new study published last week in the medical journal BMJ by a research team at New York’s Sloan Kettering Cancer Center found that nearly $3 billion a year is wasted by purchasing injectable cancer medicine in vials or containers that provide more medicine than is needed by a patient.