“Colchicine can be used to treat gout, Behcet’s disease, pericarditis, and the Mediterranean fever. It has been in use as a medicine for over 3,000 years.  In the summer of 2009, the Food and Drug Administration approved Colcrys as a treatment for gout flare-ups and the Mediterranean fever. The FDA gave pharmaceutical company URL Pharma an exclusive marketing agreement for selling Colcrys in exchange for completing studies on Colcrys and paying the FDA a $45 million application fee.  This deal effectively created a patented drug with no generic alternative. URL Pharma immediately raised the price from less than a dime to nearly $5 dollars per pill.”

http://www.mises.org/daily/6567/The-FDA-A-Pain-From-the-Neck-to-the-Big-Toe

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