Democratic presidential candidate Hillary Clinton hit hard against pharmaceutical companies with "predatory pricing," setting her sights specifically on Canadian company Valeant.
Valeant is no stranger to disapproval about its price hikes, and just last week, it was announced they are currently the target of a Securities Exchange Commission (SEC) investigation. The company has denied any wrongdoing when it comes to price gouging related to its medication.
Clinton's criticism comes in the form of a new campaign ad on her YouTube page where she pledges to wholeheartedly attack Valeant. The highlight of the ad is a personal anecdote from one woman who says she has been prescribed a brand name medication which retailed at $180 for 10 shots when she started taking it in the 1980s. Now, the ad claims, the price for the same prescription has skyrocketed to $14,700. The company in question? Valeant.
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