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]
epipens
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
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]