Sanders, Cummings Send Letter on ARIAD’s Staggering Price Increases
WASHINGTON, Oct. 20 — Sen. Bernie Sanders (I-Vt.) and Rep. Elijah Cummings (D-Md.) sent a letter to ARIAD Pharmaceuticals, Inc. Thursday requesting information about why the company has increased the price of leukemia drug Iclusig four times in 2016 to $199,000 a year. ARIAD has raised the price of the drug by more than $80,000 over the last several years.