CLEVELAND -- Starting this month, the price of a critical drug used to prevent pregnant women from delivering premature babies increased from $10-20 per dose to $1,500 per dose.
U.S. Sen. Sherrod Brown (D-OH) joined Dr. Brian Mercer and Dr. Jennifer Bailit of the Department of Obstetrics & Gynecology at MetroHealth, and a new mother to call on KV Pharmaceutical to reverse course on what they consider an outrageous price increase of a drug to prevent preterm pregnancy.
Dr. Mercer serves on the Board of Directors of The Society for Maternal Fetal Medicine. The Society has also sent a letter to KV Pharmaceutical and is actively engaged in the effort to maintain affordable access to the drug.
Brown called for an investigation by the Federal Trade Commission (FTC) to determine if the actions of KV-which has been sending cease and desist letters to pharmacies that sell a different, compounded version of the drug-violate antitrust rules.
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