Tag: epipen

An Epi pill may eventually replace the over priced EpiPen

Posted on by bill
An Epi pill may eventually replace the over priced EpiPen By now, we have all heard about how the EpiPen’s manufacturer, Mylan had raised the price repeatedly to make a $7 dollar device cost over $500.  The device has approximately a $1 dosage of Epinephrine.  The CEO was making an 18 million dollar salary, mostly due to the price increases and distribution of the pen Another company is working on a pill based replacement for the EpiPen which bypasses Mylan’s patent by having the dosage orally taken, which may be an acceptable replacement which can be much better priced. Check this Read More »

The spiraling cost of drugs and why it continues to happen, according to the NY Times

Posted on by bill
  The spiraling cost of drugs and why it continues to happen, according to the NY Times The prices of prescription drugs has never been higher in the United States, and the prices of both name brand and generic medicines continue to increase as some companies buy others, and rebrand drugs as a strategy to raise the price and have us, the consumer pay the price of their acquisition while they profit from their strategy. The most notable in the news today is Milan, with their EpiPen which was purchased in 2007 and retailed for $57 per injector.   The Epinephrine Read More »

The EpiPen scandal, another problem when capitalism meets healthcare and a monopoly exists.

Posted on by bill
The EpiPen scandal, another problem when capitalism meets healthcare and a monopoly exists. By now, you are probably more than familiar with the EpiPen, a device owned and distributed by Mylan, who has continually raised the price of this lifesaving device repeatedly since 2007.   Before, this, we heard about another drug company buying a brand and then jacking up the price to ridiculous levels. As a consumer, we are appalled, but without any true competition, and without any sort of price controls, other than the social media, and its ability to embarrass a CEO who themselves have raised their pay Read More »