epipens

Congressman: “Hard To Believe” Mylan Only Makes $50 Profit On Each EpiPen

Congressman: “Hard To Believe” Mylan Only Makes $50 Profit On Each EpiPen

Drugmaker Mylan has come under fire in recent months over questions about the cost of the EpiPen emergency allergy treatment, which has jumped in price by around 600% since 2009. In testimony before Congress this afternoon, Mylan CEO Heather Bresch defended the price hikes and claimed that her company ultimately only sees about one-sixth of the retail price for EpiPens. [More]

Phillip Bradshaw

Consumers Union Asks FTC To Investigate Mylan For Possible Antitrust Law Violations

The EpiPen is a necessity for people who are at risk of anaphylaxis, a life-threatening type of allergic reaction. They’re a common item in kids’ backpacks and home first-aid kits, and the name has become a generic term that refers to epinephrine auto-injectors. Yet the product itself is only available as a brand-name product that costs hundreds of dollars. [More]

Regardless Of Price, Don’t Buy Your EpiPen On eBay

Regardless Of Price, Don’t Buy Your EpiPen On eBay

With the price of emergency allergy treatment EpiPen jumping nearly 600% in less than a decade, bringing the out-of-pocket cost for some patients to $600 for a two-pack, it’s perhaps not surprising that sketchy eBay sellers are claiming to offer the prescription medication at a discount, even though it’s against eBay policy, illegal, and just a really, really, really awful idea. [More]