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The black market is a place where illegal goods and services are traded. Among the various products sold in this underground market, drugs are one of the most profitable items. Some drugs are so expensive that they are considered a luxury item in the black market. In this article, we will discuss the most expensive drug in the black market.
When Robin Kintz’s two kittens, Fiona and Henry, contracted a fatal cat disease last year, she began hearing of a black-market drug from China. The use of the drug, known as GS , is based on legitimate research from UC Davis, but the ways to get it seemed much less so. “It was, ‘If you want to save your cat, send me thousands of dollars, and I’ll DHL you some unmarked vials,’” she says. Kintz transferred the thousands of dollars, got the unmarked vials from China, and then injected the clear liquid into her dying cats every day for months. Trikafta, taken as three tablets a day, is the most powerful and widely used of Vertex’s four cystic fibrosis medications. With a list price of over $322,000 annually in the United States, it is expected to cost millions of dollars over the course of a patient’s lifetime.
What is the Most Expensive Drug in the Black Market?
Organized Crime
According to various sources, the most expensive drug in the black market is Rhino Horn. Yes, you read that right. Rhino Horn is not a drug in the traditional sense, but it is highly sought after in the black market for its supposed medicinal properties. Rhino Horn is made from the horns of rhinos, which are then ground into a powder and sold for exorbitant prices.
Why is Rhino Horn So Expensive?
Rhino Horn is expensive because of its rarity and the demand for it in traditional Chinese medicine. It is believed to have healing properties and is used to treat various ailments, including fever, rheumatism, and gout. However, there is no scientific evidence to support these claims, and the use of Rhino Horn is considered unethical and illegal in many countries.
Fentanyl: The Most Dangerous Illegal Drug In America
Danyelza is a monoclonal antibody used in tandem with a separate drug to treat certain types of recurring neuroblastoma in the bone or bone marrow. It affects one out of 20 million people worldwide, and about 350 to 400 children live with progeria worldwide at any time. About 1,800 people globally have received Zolgensma so far, according to Novartis, the manufacturer of the drug.
The high price of Rhino Horn is also due to the difficulty in obtaining it. Rhinos are an endangered species, and the trade of their horns is strictly prohibited. This makes it challenging for suppliers to obtain the horns, and they often have to resort to poaching to meet the demand. Poaching is a dangerous and illegal activity, and those who engage in it face severe consequences.
What Factors Can Impact The Price Of Cocaine?
- With more care given to cultivation and high-class genetics, Chilean consumers expect good quality from their weed.
- When he started working with those suffering from addiction and PTSD, he found his passion.
- With one in 10 Americans having some rare disease, benefit advisors and plan sponsors must be prepared for the likelihood of a high-cost prescription hitting their plan as they design pharmacy benefit programs.
- Each year, this kind of Cocaine addiction would cost up to $169,725, though most spend much less.
How Much Does Rhino Horn Cost in the Black Market?
Manufacture Price Hikes Lead To Higher Premiums For Patients
Illegal operations have also seen an increased prominence in legal states due to the drug’s overarching legalization. Some outlets choose to forgo the acquisition of a legal license while still operating out of a storefront and presenting themselves as a licensed dealer. And the process of conducting investigations against such businesses takes time – far too much time to quell the hundreds of illegal shops popping up. Money may be exchangeable for a differing amount of the same currency if it has been acquired illegally and needs to be laundered before the money can be used.[44] Counterfeit money may be sold for a lesser amount of genuine currency. The top 100 Part D drugs paid for by Medicare accounted for 61 percent of all Part D spending in 2021, the latest year for which data is available.
The price of Rhino Horn in the black market varies depending on the quality and quantity of the horn. However, it is estimated to cost around $60,000 to $100,000 per kilogram. This makes it one of the most expensive drugs in the black market, surpassing even drugs like cocaine and heroin.
Indeed, concern is already mounting that the large wave of teenagers—the group most at risk of taking drugs—that will crest around the turn of the century will be accompanied by a new surge in drug use. Every rung of the cannabis supply chain in California is regressing as the illicit market continues to outpace the legal one. Excessive taxes and local control are to blame, argues a cannabis industry member. The consensus on Vancouver’s cannabis-focused Reddit feeds is that the legal market is struggling to attract buyers because its product is more expensive but lower in quality than the black market alternative. List prices shown here are not necessarily what a patient will pay – insurance will sometimes, not always, pick up at least part of the tab.
Legalization, as a consequence, has come to mean different things to different people. Some, for example, use legalization interchangeably with “decriminalization,” which usually refers to removing criminal sanctions for possessing small quantities of drugs for personal use. Others equate legalization, at least implicitly, with complete deregulation, failing in the process to acknowledge the extent to which currently legally available drugs are subject to stringent controls. Another measure is increasing the availability of opioid agonists like methadone and buprenorphine that reduce opioid withdrawal symptoms and cravings, helping people stay in treatment and decrease illicit drug use. Despite the lifesaving track records of these medications, their availability is limited by restrictions on where and how they can be used and inadequate numbers of prescribers. Fentanyl is both sold alone and often used as an adulterant because its high potency allows dealers to traffic smaller quantities but maintain the drug effects buyers expect.
Conclusion
The most expensive drug in the black market is not a traditional drug but a product made from the horns of an endangered species. Rhino Horn is highly sought after in the black market for its supposed medicinal properties and rarity. However, the trade of Rhino Horn is illegal and unethical, and those who engage in it face severe consequences. It is essential to raise awareness about the illegal trade of Rhino Horn and work towards protecting this endangered species.
