Report: Pharma exec says he had 'moral requirement' to raise drug price 400%

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Report: Pharma exec says he had 'moral requirement' to raise drug price 400%

A pharmaceutical company executive defended his company's recent 400% drug price increase, telling the Financial Times that his company had a "moral requirement to sell the product at the highest price." The head of the US Food and Drug Administration blasted the executive in a response on Twitter.

Source: Report: Pharma exec says he had 'moral requirement' to raise drug price 400%