Sen. Chuck Schumer seeks end to drugs' 'gray market'
October 10, 2011
NYDailyNews.com
BY Lore Croghan
Sen. Chuck Schumer is seeing red over drug distributors' "gray market" buys of scarce cancer and heart meds.
Amid record drug shortages, resellers are stockpiling chemotherapy treatments, high blood pressure medications and other life-saving drugs they purchase from intermediate distributors - and peddling them to hospitals for markups of up to 4,000%. Read more
