With drug shortages at record rates, gray market vendors are charging an average 650 percent mark-up for shortage drugs, according to a release by the Premier Healthcare Alliance.
In some cases, the drugs being offered may be counterfeit, stolen, ineffective or unsafe.
The highest single recorded mark-up was 4,533 percent for a drug used to treat high blood pressure. Normally priced at $25.90, the stated price was $1,200.
Read the Premier release on high gray market mark-ups of shortage drugs.
Read the Premier Healthcare Alliance analysis.
Related Articles on Drug Shortages:
Drug Shortages to Reach Record Levels
5 Updates on the Nationwide Drug Shortage
Hospital Drug Shortage Survey Mirrors Results of American Society of Anesthesiologists Survey