A huge overnight price increase for an important tuberculosis drug has been rescinded after the company that acquired the drug gave it back to its previous owner under pressure, it was announced on Monday.

However, outrage over a gigantic price increase for another drug spread into the political sphere on Monday, causing biotechnology stocks to fall broadly as investors worried about possible government action to control pharmaceutical prices. The Nasdaq Biotechnology Index fell more than 4 percent.

“Price-gouging like this in the specialty drug market is outrageous,” Hillary Rodham Clinton, a contender for the Democratic presidential nomination, said in a tweet on Monday. She said she would announce a plan on Tuesday to deal with rising drug prices.

Ms. Clinton was referring to the actions of Turing Pharmaceuticals, which last month acquired Daraprim, a 62-year-old drug used to treat a serious parasitic infection, and raised its price to $750 per tablet, from $13.50.

Prescription drugs are seen on an automated pharmacy assembly line at Medco Health Solutions in Willingboro, N.J.On the Agenda: Prescription Drug Costs Are Rising as a Campaign IssueSEPT. 21, 2015
Martin Shkreli is the founder and chief executive of Turing Pharmaceuticals, which raised the price of the drug Daraprim to $750 a tablet from $13.50.Drug Goes From $13.50 a Tablet to $750, OvernightSEPT. 20, 2015
The cases of Daraprim and of the tuberculosis drug, cycloserine, are examples of a relatively new business strategy — acquiring old, neglected drugs, often for rare diseases, and turning them into costly “specialty” drugs.

Cycloserine was acquired last month by Rodelis Therapeutics, which promptly raised the price to $10,800 for 30 capsules, from $500.But the company agreed to return the drug to its former owner, a nonprofit organization affiliated with Purdue University, the organization said on Monday.

“We discovered literally on Thursday the strategy that had been undertaken” by Rodelis, said Dan Hasler, the president of the Purdue Research Foundation, which has oversight of the manufacturing operation. “We said this was not what we had intended.”

By Saturday, he said, Rodelis had agreed to give back the drug. Rodelis confirmed this in a brief statement on its website.

The foundation now will charge $1,050 for 30 capsules, twice what it charged before, but far less than Rodelis was charging. Mr. Hasler said the new price was needed to stem losses.

Cycloserine is used to treat multidrug-resistant tuberculosis, a serious form of the disease that does not respond to the usual drugs. There are only about 90 new cases a year in the United States, Mr. Hasler said, and about half those patients get treated with cycloserine.

Turing does not appear ready to surrender. Turing’s founder and chief executive, Martin Shkreli, a former hedge fund manager, used television interviews and also Twitter and Reddit to defend his move.

He said that toxoplasmosis, the infection Daraprim is used to treat, had been ignored by the pharmaceutical industry because there was little money to be made. Now that Turing can presumably make money, he said, it will be able to educate doctors about the disease, improve delivery to patients and develop better drugs for the infection.

Infectious disease specialists, who have protested the price increase, question the need for new drugs for toxoplasmosis and say that if Turing wants to develop such drugs, it should use money from investors. They say the price increase will raise the cost of treating some adult patients with toxoplasmosis to hundreds of thousands of dollars a year.

Senator Bernie Sanders of Vermont, who is also vying for the Democratic presidential nomination, sent Turing a letter on Monday demanding information on the price increase.

“Without fast access to this drug, used to treat a very serious parasitic infection, patients may experience organ failure, blindness or death,” Mr. Sanders said in a letter written with Representative Elijah Cummings, Democrat of Maryland. The two lawmakers have been investigating sharp price increases in drugs, many of them old generics.

Rodelis, which increased the price of the tuberculosis drug, said last week it needed to invest to make sure the supply of the drug remained reliable. Rodelis reveals almost no information about itself, such as the names of its executives, directors or investors, on its web page.

Cycloserine, which went on sale in 1955 and is also known by the brand name Seromycin, was long produced by Eli Lilly and Company, which around 2000 decided to drop the drug, in part because the company was getting out of antibiotics.

Starting in 2003, as part of a philanthropic initiative on TB, Lilly transferred rights and manufacturing skill to generic drug companies in India, China, South Africa and elsewhere to supply the regions most affected. In 2007 it gave the rights for the United States and Canada to the Chao Center for Industrial Pharmacy and Contract Manufacturing, which is under the auspices of the Purdue Research Foundation.

Mr. Hasler, a former Lilly executive, said the Chao Center had lost about $10 million on the drug since 2007 because of the small number of patients and high regulatory costs. So the Chao Center was interested when it was approached by Rodelis. “They found us,” Mr. Hasler said.

A patient with multidrug-resistant tuberculosis might take two capsules a day of cycloserine, along with other drugs, for 18 to 24 months, according to the Centers for Disease Control and Prevention. Under the price Rodelis planned to charge, a full course of treatment would have cost more than $500,000 for cycloserine alone. With the new price from the Chao Center, it will be closer to $50,000.

The drug made by generic companies abroad costs only about $20 for 100 capsules.

Amir Attaran, an expert on pharmaceutical access issues at the University of Ottawa, said it would have made much more sense to just import the drug from abroad, rather than have it produced in America for so few patients at such high cost.

Mr. Hasler said this was probably not done because foreign manufacturers were not willing to bear the expense of applying for regulatory approval in the United States.

Dr. Attaran said Lilly should have kept more control over pricing. “There’s an obligation on their part, having transferred this, to ensure that the objective of the philanthropic initiative continues to be met,” he said.

Lilly said that to comply with antitrust rules it retained no control over pricing once it transferred the rights to the Chao Center and had no say when Chao transferred the rights to Rodelis.

Meta sourcing MSNBC.

It is truly the end times..

While it won't make a huge impact in the standing right now - Walker's doners and supporters will be important in the long term, especially if they go for someone like Bush, Rubio, or Carson.

There is, as they say, only one story the political world is sniggering about today. In an unambiguously hostile biography of David Cameron, it is reported that as a young man the Prime minister placed his private parts in the mouth of a dead pig. This is said to have been part of an initiation for an aristocratic Oxford University dining club. There is a photograph, it is said.

First, the truth. Is it true? It doesn't matter. As Lyndon Johnson knew, the real point of accusing your enemy of sex with pigs is to force him to deny it. True or not, the image is so vivid it sticks in the mind, indelibly colouring someone's reputation. And LBJ was operating in the pre-internet age. Today online debate is emotion first, facts a long-distant second.

Barely 12 hours after publication, the internet has decided that David Cameron did something unspeakable with a pig. Nothing can change that. Even a the most convincing and comprehensive refutation of the story, a sworn confession from everyone involved that they made it up, won't change the story: it would just become a footnote on a Wikipedia page, a thing clever people say in years to come when the story is retold in pubs ("actually it wasn't true"). Some stories are so compelling the truth can't change them. Look up who really deleted Milly Dowler's voicemails to see what I mean.

A coroner has concluded for the first time that a man with severe mental illness killed himself as a direct result of being found “fit to work” by the Government’s outsourced disability assessors.

Michael O’Sullivan, a 60-year-old father from north London, hanged himself after his disability benefits were removed despite the opinion of three doctors that he was suffering from recurrent depression and certified as unable to work by his GP.

Figures released last month by the Department for Work and Pensions showed that nearly 90 people died every month between 2011 and 2014 after they had been declared fit for employment after undergoing a work capability assessment (WCA).

Ministers insisted that the statistics provided no basis for a link to the Government’s welfare reforms. But it has now emerged that a coroner ruled in the case of Mr O’Sullivan that the WCA and anxiety caused to him by its findings were the direct cause of his death.

Mary Hassell, the senior coroner for inner north London, wrote to the DWP warning that she believed there was a risk of similar deaths in future and demanding preventative action.

A senior serving general has reportedly warned that a Jeremy Corbyn government could face "a mutiny" from the Army if it tried to downgrade them.

The unnamed general said members of the armed forces would begin directly and publicly challenging the labour leader if he tried to scrap Trident, pull out of Nato or announce “any plans to emasculate and shrink the size of the armed forces.”

He told the Sunday Times: “The Army just wouldn’t stand for it. The general staff would not allow a prime minister to jeopardise the security of this country and I think people would use whatever means possible, fair or foul to prevent that. You can’t put a maverick in charge of a country’s security.

“There would be mass resignations at all levels and you would face the very real prospect of an event which would effectively be a mutiny.”

One religion's kill count was less than the other.

Are fractional reserves properly regulated? Like, do we keep it in line?