Los Angeles Times

Lawmakers seek info from Ariad

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Two top lawmakers demanded informatio­n from a drug company that has raised prices on a leukemia drug, calling the increases a sign the company puts profits before patients.

Sen. Bernie Sanders (IVt.) and Rep. Elijah Cummings (D-Md.), the top Democrat on the House Oversight and Government Reform Committee, wrote to Ariad Pharmaceut­icals on Thursday and asked about price hikes for Iclusig. Ariad raised the cost of the drug four times in 2016 to an almost $200,000 yearly cost, up more than $80,000 over the last several years.

Sanders and Cummings also said they’re looking into whether the firm tried to boost profits by tweaking pill dosages and quantities.

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