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I-Team Special Report: Drug Dilemma, Part II

Updated: Friday, May 2, 2014 |
I-Team Special Report: Drug Dilemma, Part II story image
WEST MICHIGAN (NEWSCHANNEL 3) - Medicine or food?

That is a choice some families face, and some are now turning to a different method to acquire prescription drugs.

The I-Team investigated a drug dilemma, and found a black market for prescription drugs that is very dangerous.

When your doctor gives you a prescription you go to a pharmacy to pick up the medicine. That's the safe way to make sure you know what you are putting in your body.

But that is not how everybody shops for medicine.

Go online and search craigslist, and it is not hard to find someone posting for sale something that is supposed to require a prescription.

We found listings for human growth hormone and many prescriptions diabetics use, including Lantus, Novolog, and Levimir.

You would not use insulin unless you need it, this is not for an addiction. So why would someone be interested in buying this way?

If someone does not have insurance, prescriptions can be very expensive. Even with insurance some pay a lot out of pocket, because plans vary.

Pharmacists tell Newschannel 3 diabetes medications can cost in the hundreds.

We found lower prices on the black market.

Newschannel 3 contacted some of the craigslist postings selling prescriptions.

We spoke with someone on the phone who was selling what she said was insulin at a lower price than a pharmacy.

The Drug Enforcement Agency tells Newschannel 3 buying or selling prescriptions this way is illegal, but the desperation to save money creates another risk.

"You never have any guarantee on what you're getting," said Jim Middleton, the Director of Pharmacy at Western Michigan University. "There's not control over it. There's no oversight. You may be getting anything. You could be getting toxic waste from China."

The craigslist website has a list of rules users are suppose to follow.

The company says any good, service, or content that violates the law or legal rights of others is prohibited.

The DEA is focused on controlled substances--which insulin is not--but they told Newschannel 3 it would still be an illegal transaction because it requires a prescription, and a prosecutor could pursue charges.
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Business News

Last Update on October 20, 2014 17:25 GMT

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IBM will make payments to the chipmaker over three years, but it's taking a $4.7 billion charge in its third quarter results.

IBM reports adjusted earnings of $3.68 per share, while revenue totaled $22.4 billion. Analysts polled by FactSet had predicted earnings of $4.32 per share and revenue about a billion dollars higher.

Globalfoundries will get IBM's global commercial semiconductor technology business, including intellectual property and technologies related to IBM Microelectronics. It also gets IBM's existing semiconductor manufacturing operations and plants in East Fishkill, New York and Essex Junction, Vermont, as well as its commercial microelectronics business.

Under the agreement, Globalfoundries will become IBM's exclusive server processor semiconductor technology provider for 22 nanometer (nm), 14nm and 10nm semiconductors for the next 10 years.

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NEW YORK (AP) -- A research group says it expects China's economy to slow over the next decade.

The Conference Board on Monday forecast that growth in the world's No. 2 economy will slow to 4 percent per year between 2020 and 2025.

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China's boom in the past decade, with growth peaking at about 14 percent in 2007, was driven by exports and spending on assets such as factories and apartment buildings. China's leaders now want more growth based on Chinese consumers.

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An ECB spokeswoman confirmed the purchases began Monday.

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The deal is expected to close in the first quarter of next year.

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The recall posed Monday by U.S. safety regulators covers the 2003 to 2005 Corolla and Matrix, the 2002 to 2005 Sequoia and the 2003 to 2005 Tundra. Also included is the 2003 to 2005 Pontiac Vibe made by Toyota.

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The recall covers vehicles in South Florida, along the Gulf Coast, in Puerto Rico, Hawaii, the U.S. Virgin Islands, Guam, Saipan and American Samoa.

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