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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEpiPen Price Hike Has Parents of Kids With Allergies Scrambling Ahead of School Year
EpiPen Price Hike Has Parents of Kids With Allergies Scrambling Ahead of School Yearby BEN POPKEN
The cost of saving your child's life has gotten a lot more expensive.
Doctors and patients say the Mylan pharmaceutical company has jacked up the prices for an EpiPen the portable device that can stop a potentially life-threatening allergic reaction from around $100 in 2008 to $500 and up today.
That's a hike of over 400 percent.
Vermont Sen. Bernie Sanders, the former presidential contender and a member of the Senate Committee on Health, Education, Labor and Pensions, told NBC News in a statement:
"The drug industry's greed knows no bounds. There's no reason an EpiPen, which costs Mylan just a few dollars to make, should cost families more than $600. The only explanation for Mylan raising the price by six times since 2009 is that the company values profits more than the lives of millions of Americans."
http://www.nbcnews.com/business/economy/epipen-price-hike-has-parents-kids-allergies-scrambling-ahead-school-n633071
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EpiPen Price Hike Has Parents of Kids With Allergies Scrambling Ahead of School Year (Original Post)
workinclasszero
Aug 2016
OP
bullwinkle428
(20,628 posts)1. Time to expose the latest "Shkreli" that made this decision.
workinclasszero
(28,270 posts)3. Big Pharma pigs are blood sucking vampires
The slimeballs that did this should be hauled up before Congress to explain their filthy greed.
suffragette
(12,232 posts)2. Past time to regulate drug profiteering. Note the timing of this hike.
Congress is out of session until September.
This is the time when parents need to restock this before the start of school.
Nothing about that is coincidental.
workinclasszero
(28,270 posts)4. Right before school starts
Yes you are right, no doubt about it.
suffragette
(12,232 posts)6. To me this is a safety issue and Congress should call a special session
Go back to DC and address it.
A key difference between this and the previous hikes is how many people this affects and how many of those are children.
If there was ever a 'for the sake of the children' issue, this one is it.
It may just be possible that the greedy bastards went a step too far this time.
Recursion
(56,582 posts)5. How did Mylan even get the patent? The technology was developed at NASA (nt)