Shkreli's company acquired the rights to Daraprim—a 62-year-old treatment for newborns and HIV patients—and promptly raised its price from $13.50 to $750.
Private and Medicare insurers spent nearly $2.5 million on the anti-parasite drug during a single week in August 2021, researchers reported in JAMA Network Open.
The American Hospital Association praised the court's decision to allow the mandate on federally funded healthcare facilities and said it will work to balance potential workforce shortages.
Individuals with private insurance or group health plans are entitled to eight free over-the-counter tests each month, the Biden administration announced this week.