Pill price hike rolled back
Ortho-McNeil has announced that it's rolling back the $18 price hike for birth control pills. Which is great news, because the price increase impacted 4,500 family planning clinics nationally.
The company has not said how much it will be lowering the price, but an official pledged Ortho would "be the lowest cost provider of oral contraceptives to public health services." Nice.
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This is very good news to me. I work for a Johnson & Johnson company (J&J owns Ortho McNeil) and they love to tout the J&J credo here, which (summed up for brevity) stresses always putting people before profit. In light of that, hearing about this price hike was really disturbing. Glad they recognized the contradiction and corrected it--now I don't have to write that angry "what about your damn credo?" letter. ;)