Question

Refer to the "In the News" below In the News: U.S. Sues over Drug's Price Hike Ovation Pharmaceuticals violated federal law in 2006 when it bought a competitor's drug, creating a monopoly for the heart treatment used on premature babies, and then raised the price, a federal lawsuit says. The Federal Trade Commission wants Ovation to return "millions of dollars in overcharges for the drug, used to treat a condition that afflicts 30,000 babies each year, Bureau of Competition acting Director David Wales said. The lawsuit says the price rose from $36 a vial to nearly $500. The company said the FTC's allegations are without merit. -Julie Appleby Instructions: Enter your response as a whole number By approximately how much did the price of the heart drug for babies increase when a monopoly was established?