Louisville Magazine

MAR 2017

Louisville Magazine is Louisville's city magazine, covering Louisville people, lifestyles, politics, sports, restaurants, entertainment and homes. Includes a monthly calendar of events.

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eyecareinstitute.com mortons.com 28 LOUISVILLE MAGAZINE 3.17 THE BIT Money Over Morality By Jack Welch Illustration by Carrie Neumayer There's gold in them thar pills. JUST SAYIN' Example No. 1: A newly created company led by a former hedge- fund manager buys the marketing rights to a 62-year-old drug used to treat life- threatening parasitic infections in babies and people with compromised immune systems and immediately raises the drug's price from $13.50 a tablet to $750. Example No. 2: A multi-drug manufacturer acquires a single-drug manufacturer that had produced and marketed a 60-year-old immune-system medication for the past 13 years, raising the drug's cost to consumers from $40 a vial in 2001 to $1,650 a vial in 2007 to

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