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    Old drug gets an absurd price hike to $89,000 per year

    by 
    Jon Fingas
    Jon Fingas
    02.11.2017

    Martin Shkreli doesn't have a monopoly on jacking up drug prices. Marathon Pharmaceuticals has received FDA approval for an old drug used to treat Duchenne muscular dystrophy, deflazacort, and in the process has raised the price to ridiculously high levels. You could previously import the generic medicine for about $1,200 per year, but it now costs a staggering $89,000 per year -- "just" $54,000 with discounts and rebates. And since deflazacort (now rebranded as Emflaza) is classified as an orphan drug used to treat a rare disease, Marathon will both have a 7-year exclusive on US sales and a voucher to fast-track a future approval.