Price of Epi Pens skyrockets

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themanintheseersuckersuit
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Price of Epi Pens skyrockets

#1 Post by themanintheseersuckersuit » Wed Aug 24, 2016 1:24 pm

Heather Bresch, whose company raised the price of EpiPens by more than 400%, was rewarded for with a 671% raise.

http://www.nydailynews.com/news/nationa ... ign=buffer

Ms. Bresch is the daughter of Sen. Joe Manchin of West Virginia
Suitguy is not bitter.

feels he represents the many educated and rational onlookers who believe that the hysterical denouncement of lay scepticism is both unwarranted and counter-productive

The problem, then, is that such calls do not address an opposition audience so much as they signal virtue. They talk past those who need convincing. They ignore actual facts and counterargument. And they are irreparably smug.

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jarnon
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Re: Price of Epi Pens skyrockets

#2 Post by jarnon » Wed Aug 24, 2016 1:35 pm

This seems worse than previous drug scandals. In most cases, the companies spent years and millions of dollars discovering, developing and testing new medications. But Mylan is charging hundreds for a product that costs them just a few bucks.

If a competitor designs an alternative epinephrine injector, the FDA should fast-track it.
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SpacemanSpiff
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Re: Price of Epi Pens skyrockets

#3 Post by SpacemanSpiff » Wed Aug 24, 2016 1:54 pm

IIRC, the development of the Epi-Pen (or perhaps its predecessor) came about in the late 50s and early 60s as a device so that the epinephrine could be shot one-handed through a pressurized flight suit in case the pilot/astronaut started to black out. I remember seeing one on display at Marshall in the late 1960s; the difference (and it was one that freaked out a kid afraid of these things) was that the needle was about an inch and a quarter long when extended; the epi-pen is more like three-eights of an inch.

Given that it came to be as a part of a government project to begin with, perhaps it's time for the government to pull it back under the government's control (eminent domain, perhaps?)
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themanintheseersuckersuit
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Re: Price of Epi Pens skyrockets

#4 Post by themanintheseersuckersuit » Wed Aug 24, 2016 2:12 pm

jarnon wrote:This seems worse than previous drug scandals. In most cases, the companies spent years and millions of dollars discovering, developing and testing new medications. But Mylan is charging hundreds for a product that costs them just a few bucks.

If a competitor designs an alternative epinephrine injector, the FDA should fast-track it.
If a competitor designs an alternative epinephrine injector, the FDA should get out of the way
Suitguy is not bitter.

feels he represents the many educated and rational onlookers who believe that the hysterical denouncement of lay scepticism is both unwarranted and counter-productive

The problem, then, is that such calls do not address an opposition audience so much as they signal virtue. They talk past those who need convincing. They ignore actual facts and counterargument. And they are irreparably smug.

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SportsFan68
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Re: Price of Epi Pens skyrockets

#5 Post by SportsFan68 » Wed Aug 24, 2016 3:51 pm

What can we do about it, write a letter to Sen. Manchin saying his kid is a greedie?

Last time I bought aspirin, a bottle of 500 325mg cost me something like $1.25. Now the cheapie WalMart falling prices price is $3.64. Bayer low-dose enteric coated aspirin, 300 of them, costs $11.98. SteelersFan buys the generic 81mg, 300 of them, $4.00 -- used to cost less than the 325 mg stuff when it was "baby aspirin," but now it saves your life, so the price goes up and up way beyond inflation.

One of my friends is allergic to bee strings -- untreated, the next one might kill her. She's buying the epi-pen even with a 400% markup.

I ask again, what can we do about it?
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themanintheseersuckersuit
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Re: Price of Epi Pens skyrockets

#6 Post by themanintheseersuckersuit » Wed Aug 24, 2016 6:54 pm

http://blogs.wsj.com/health/2008/04/25/ ... -earn-mba/
The COO of generics manufacturer Mylan was improperly awarded an executive MBA by West Virginia University, an investigative panel ruled this week. The COO, Heather Bresch, is the daughter of West Virginia Gov. Joe Manchin.
Suitguy is not bitter.

feels he represents the many educated and rational onlookers who believe that the hysterical denouncement of lay scepticism is both unwarranted and counter-productive

The problem, then, is that such calls do not address an opposition audience so much as they signal virtue. They talk past those who need convincing. They ignore actual facts and counterargument. And they are irreparably smug.

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Pastor Fireball
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Re: Price of Epi Pens skyrockets

#7 Post by Pastor Fireball » Thu Aug 25, 2016 7:16 am

themanintheseersuckersuit wrote:Heather Bresch, whose company raised the price of EpiPens by more than 400%, was rewarded for with a 671% raise.

http://www.nydailynews.com/news/nationa ... ign=buffer

Ms. Bresch is the daughter of Sen. Joe Manchin of West Virginia
Manchin is also the only sitting senator out of 100 who isn't raising hell over the Shkreli-style price gouge. That's right--every single Republican senator (including fist-faced horse manure salesman Ted Cruz) is standing with every single Democratic senator not named Joe Manchin on this issue. Who said that bipartisanship was dead?

It is also interesting to note that Bresch made $19 million last year.

https://www.washingtonpost.com/news/to- ... s-in-2015/
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