from Hacker News

Questcor Finds Profits, at $28,000 a Vial

by davi on 12/30/12, 11:40 AM with 1 comments

• by computator on 12/31/12, 4:45 AM

  > it raised the price overnight, to more than $23,000 a vial, from $1,650, bringing the cost of a typical course of treatment for infantile spasms to above $100,000.

  > we only have about 800 patients a year

  > Sales ... totaled nearly $350 million in the first nine months this year, up 145 percent from the period a year earlier

  The counter-intuitive lesson is that charging vastly higher prices don't necessarily hurt sales.