To: news-tips@nytimes.com Subject: Pinnacle Biologics - Photofrin PDT Message: Here is a company that represents everything that's wrong nowadays with corrupt Pharmaceutical/Medical companies that financially take advantage of the system for profit-gain. Imagine what an interesting read this would be? 1) Drug company price gouges terminally ill cancer patients by raising the price of an approved technology (Photofrin) by almost 700% 2) Undermines the fragile payor system 3) Deceives the market for two years+ by claiming to support clinical research, with the added revenue, to further the product 4) Meanwhile, reaps millions of dollars in revenue from off-label utilization which is heavily fostered internally by company "executives". 5) Pays "kickbacks" to physicians under the guise of a Patient Registry 6) Ultimately gets investigated by the FDA 7) But first tries to sell the product to an unknowing and blind company (BTG) for a handsome profit. http://www.cafepharma.com/boards/forumdisplay.php?f=777 www.pinnaclebiologics.com www.photofrin.com
