A Chinese drug sold at 1,300 per cent profit

17 May,2010 12:11 PM IST |   |  IANS

A cancer patient in China's Hunan province had to pay 213 yuan for a medicine that cost just 15.5 yuan ($2.2) to the manufacturer, generating a mind-boggling profit of 1,300 percent.


A cancer patient in China's Hunan province had to pay 213 yuan for a medicine that cost just 15.5 yuan ($2.2) to the manufacturer, generating a mind-boggling profit of 1,300 percent.

The patient, a resident of Changsha of Hunan province, was suffering from ovarian cancer. Her doctor told her to buy Lusun Pian for 213 yuan per bottle, China Daily reported Monday.

She later found out the medicine cost only 15.5 yuan per bottle to the manufacturing company.

Beijing News said the hospital bought the drug at 136 yuan, the guiding price for the medicine in Hunan province, from drug sales representatives who bought them at between 30 and 40 yuan.

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!
Chinese drug sold at 1 300 percent profit ovarian cancer Lusun Pian