So now the price for the EpiPen, the life saving immediate response for severe allergic reactions, has been raised about 400%, from about $100 to $500.
This will make it prohibitively expensive for some people.
The pharmaceutical company, Mylan, is the exclusive manufacturer of this project, ie, Myland has a monopoly.
Mylan recently dramatically increased the salaries of their top executives.
The EpiPen is mostly (not exclusively) used by children.
Thankfully, there will be multiple hearings in Congress - because this price increase affects so many, many families. Unlike the Shkreli price increase that affects a relatively small group of people, however, essential that drug is.
Here's the thing. Without the EpiPen, the cost of treatment for allergic attack will increase astronomically - the ambulance, the emergency room, possibly significant hospital stay. If the victim of an allergic attack, without the EpiPen, even survives.
Can you say tin ear? A widely used essential drug, in a Presidential election year. How stupid, as well as insensitive, can a company be.
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