Slashdot Mirror
FDA Approves First Generic Version of EpiPen (go.com)
An anonymous reader quotes a report from ABC News: The U.S. Food and Drug Administration has approved the first generic version of the EpiPen and EpiPen Jr auto injector for the emergency treatment of allergic reactions. The approval is part of the FDA's "longstanding commitment" to providing access to low-cost generic alternatives, FDA Commissioner Scott Gottlieb said in a statement. It is unclear how much the generic product -- manufactured by Teva Pharmaceuticals -- will cost. In August 2016, Mylan Pharmaceuticals was criticized for raising the price of a two-pack of EpiPens to $600. The price of two EpiPens was about $100 in 2009. The brand name version is by far the most popular epinephrine auto-injector on the market. "This approval means patients living with severe allergies who require constant access to life-saving epinephrine should have a lower-cost option, as well as another approved product to help protect against potential drug shortages," said FDA Commissioner Scott Gottlieb in a statement.
Need....it.....now
SJW: Someone who has run out of real oppression, and has to fake it.
Generic of course.
I'm just curious, why are Epi Pens not already generic?
Then observe the value of competition... The market works, if you let it.
"File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
(Re-)Nationalisation is what happens to industries that devolve into an orgy of obscene rent-seeking.
We need more of this sort of thing to scare the bejesus out of MBAs who have grown docile on a generation of Reganomonics and plant media support.
Genuine brand named EpiPen's in New Zealand are $NZ120 each. They never skyrocketed like they did in USA.
The government usually replaces used epipens too, as everyone here is covered medically for accidents and anaphylaxis is usually caused by an accident.
Can you even buy Anapen's in USA? They're an alternative available in most countries. They've been around since 2010.
It only took 1.5 years into the Trump administration to actually do something decent. Only time will tell if Trump will find a way to manage to colossally screw this up too. I give it 24 hours.
This is also the first thing that the FDA has done right in the last decade. It's a small step in the right direction anyway. Still doesn't restore my trust in the organization though. Getting rid of GRAS would go a long way to healing a lot of open wounds.
Now this needs to be approved for Canada as well... Not only are they super expensive, they aren't even in stock! We are seriously experiencing Shortages on EpiPens up here it's ridiculous.
Greed.
Any other questions?
What makes your think Orange Julius Caesar had anything to do with this? He's so dumb he probably doesn't even understand what an EpiPen is used for, probably thinks it's steroids or something to give you super-strength like in a video game. So far as I know he hasn't fucked around with the org chart for the FDA so he's go zero to do with this so don't give credit where credit isn't due.
Natural monopoly by the incumbent.
Generic: "Hey, we could make generic Epipens for about $100 each. The brand name costs $600. Let's sell them for $200 and undercut"
Incumbent: (Cuts price to $100. Eats small loss per unit)
Generic: (Goes bankrupt)
Incumbent: (Raises price back to $600, recoups losses)
In part because the FDA requires each producer to re-test the proven design so much to prove it really is exactly like the already approved one that it's almost as expensive as introducing something new, but with a lot less potential for profit.
Then you get overly specific legislation like when schools are required to have $600 epi-pens on hand rather than $10 pre-filled with epinephrine syringes.
Why do you hate free market capitalism?
I think you could get generic epinephrine auto injectors prior to this.
Epi Pen is a (tm) so how you can have a Generic Trademark is puzzling.
About the only non puzzling thing about pharmaceuticals is the chemistry.
This is also the first thing that the FDA has done right in the last decade. It's a small step in the right direction anyway. Still doesn't restore my trust in the organization though. Getting rid of GRAS would go a long way to healing a lot of open wounds.
I'm not advocating you trust the FDA, but I wonder why you think getting rid of GARS would be a good idea?
Generally speaking (pun intended) GARS may not have been subject to the rigor of other additives, but they DO have significant amounts of research, study and actual use history that indicates they are indeed safe for use. So which substances on the GARS list do you object to? Whey? Helium? Nitrogen? Maybe Citric Acid or Nitrous Oxide? Something else?
Why do you object to these specific things?
"File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
This is just another example of the absurdity of prescription drugs. Obviously there's no reason for Epi Pens to be that expensive, since they weren't that expensive long ago. The real reason for the expense was because a lot of places were required to buy them. Kids are allergic to everything these days (seriously), and so schools need to have epi pens. Would you send your toddler to a preschool without an epi pen? Think of the children! So that cost could be hidden in the budget of "safety" for schools. If you were a consumer, you could avoid them. I had allergy shots and my provider gave me an epi pen prescription. I didn't really need it, but it was in the 1 in a 1000 chance I had a reaction when I wasn't around. But she also gave me a coupon to make it go down to a reasonable cost. But now there's an outcry about this absurdity, and so we get another option. This fixes the tiny problem, allows the drug companies to still make handfuls of money, and no one talks about what is really needed in the US: the government as the only buyer of drugs. If drugs are such that there is only one supplier, with patent protections that give a monopoly on production, there should be a single buyer, that would negotiate an acceptable price, and then this buyer sells to all pharmacies at cost, which leads to an equitable distribution.
Should a cup of Starbucks cost a quarter?
No, but if you'll die if you don't get one, then it shouldn't cost $600.
If it weren't for deadlines, nothing would be late.
I'm not so sure it'd be appropriate to call a medical product 'popular' when the only reason it makes its sales is because up until now they were the only ones legally allowed to produce this life saving device in the US.
It's not like Mylan raised the price of their epipens to 600 bucks because they're the Apple of EpiPens here. People either had to cough up the cash or die. Consider that an EpiPen costs $30 to manufacture. (yeah yeah sure, there's shipping costs and the like. But I'm pretty sure they weren't using SpaceX to ship their EpiPens from Pensylvannia, to the rest of the US)
Wait... you mean all my coworkers aren't serious about dying if they don't get their Starbucks in the morning???
I've abandoned my search for truth; now I'm just looking for some useful delusions.
Nice loaded question there; doesn't warrant any direct response.
Why do they charge $600 for an EpiPen? Because they CAN!
I've abandoned my search for truth; now I'm just looking for some useful delusions.
They are a device. The drug in them, that has been generic for DECADES. Anyone could have made their own EpiPen. They just haven't.
EpiPens are not already generic because every time you change the delivery mechanism, you restart the patent timer. Yeah, they made a minor change to the mechanism to keep it patentable. How that prevents competitors from using the old mechanism is beyond me.
I've abandoned my search for truth; now I'm just looking for some useful delusions.
Wait... you mean all my coworkers aren't serious about dying if they don't get their Starbucks in the morning???
Ask them for the hospital bill as proof, I can show you mine.
Provided for free in Australia for people with anaphylaxis.
I think you're forgetting the part where the government forbids the sale of the generic completely. As has been the case up until now.
Also, if this were a common and accurate portrayal of events, why am I able to buy generic versions of many other types of drugs and medications? Shouldn't this have happened in ever other instance as well?
Read the article. These new ones are not really actually generic either. It's still Mylan screwing over customers. They are simply changing the branding and the branding only and charging less, not a lot less though. It's still going to be about $300 for 2 pens...
They are doing this in a really shitty attempt to save face. It's not going to work.
Your question is a valid one, why is there not a generic? Also, why is another company not creating a generic. This is no different than Chevy vs GMC. The same fucking truck, same features, same materials, built on the same assembly lines, but with different logos and different costs. Mylan has now 2 brands to sell and make even more money off of.
I don't see the point in having emotions towards it, since it has never exhibited and likely never will.
*laughs in patentsystem*
Generic: "Hey, we could make generic Epipens for about $100 each. The brand name costs $600. Let's sell them for $200 and undercut"
Incumbent: (Cuts price to $100. Eats small loss per unit)
Generic: (Goes bankrupt)
Incumbent: (Raises price back to $600, recoups losses)
Except your price estimates are a bit off. Experts say the actual cost of manufacture to Mylan is likely only $20 to $30 per pen.
http://time.com/money/4481786/how-much-epipen-costs-to-make/
Why do they charge $600 for an EpiPen? Because they CAN!
Only because they are the only ones supplying them. I say we encourage generic makers to enter the market and fix that issue.
"File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
EpiPens are not already generic because every time you change the delivery mechanism, you restart the patent timer. Yeah, they made a minor change to the mechanism to keep it patentable. How that prevents competitors from using the old mechanism is beyond me.
Then, wouldn't the previous delivery system come out of patent and generic manufacturers be enabled to make them? There has got to be more to this.
"File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
Jeebus, I can understand not knowing how the process works, but really you can't make it past the damn headline without incorporating the relevant information ?
FDA Approves First Generic Version of EpiPen
That is why there was no generic on the market, none were improved. Now if you want to go poking fingers about how horrible the system is, the CEO of Meylan (Heather Bresch) is Joe Manchin's daughter and oddly enough the FDA has been curiously well disposed towards his little girl's company
http://fortune.com/2016/09/07/...
Oh and he's a Democrat by the way, something to remember the next time they promise free healthcare.
improved should read approved.
Wasn't there a threat/article about "capitalism" a few days ago on /. .... ?
Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
part because the FDA requires each producer to re-test the proven design so much to prove it really is exactly like the already approved one that it's almost as expensive as introducing something new, but with a lot less potential for profit.
As someone who has done this repeatedly, I can tell you that proving equivalency is an order of magnitude cheaper than proving a new design.
This is no different than Chevy vs GMC. The same fucking truck, same features, same materials, built on the same assembly lines, but with different logos and different costs.
I can pretty much guarantee the costs are (exactly) the same. Why are there identical Chevy and GMC (and Cadillac Escalade) trucks? Marketing!.
GMC and Cadillac dealers (usually*) don't sell Chevy. So when a trucking company is buying 50 big trucks but also wants one or two or twenty pickups, the GMC dealer has GMC brand pickup trucks to sell. When traditional Cadillac buyers started buying Chevy Suburbans, and Cadillac dealers had nothing to sell, GM invented Cadillac Escalades for Cadillac dealers to sell. It's all about Chevy, GMC, and Cadillac dealers having their own brand of product on the lot to sell.
But if Mylan is the maker and distributor of both the generic and name brand epipens, again, I can pretty much guarantee that the costs are exactly the same. But I'm sure they knew that there was going to be a call for a "low cost" generic. If they had done nothing, the name brand epipen would still be selling for $100 per pair, and the generics would, by definition, have to sell for a whole lot less.
But by being slime balls, now the generic will be $200 or $300 per pair. Probably nobody will ever even buy the name brand epipen, and Myland doesn't care; everyone feels like they come away winners with a $200 generic compared to the $600 name brand.
And Mylan laughs all the way to the bank.
Can you believe this guy? He's got to be playing stupid, there's no way people can be this dumb.
Teva is an Israeli company. As far as I can tell, it has no links to Mylan. If you know differently, care to share?
Actually, there is less than $1 of epinephrine in each Epipen.
When all you have is a hammer, every problem starts to look like a thumb.
Shame it couldn't be more, but there is still a LOT of swamp that needs draining.
It's because reigning in drug prices is popular right now, and I can almost guarantee you that Trump has no financial attachment to the medical industry, making it a safe target for him.
The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
That's not manufacturing costs and clearing an atom for atom molecule generic of a brand name drug with uncle Sam costs millions. Gotta make that back.
> Actually, there is less than $1 of epinephrine in each Epipen.
That remark would be relevant if you were only getting the drug. Since you aren't just getting the drug but also the delivery system, that remark is utter nonsense.
This is precisely the kind of inane bullshit that completely pollutes discussion of this issue.
A Pirate and a Puritan look the same on a balance sheet.
> What makes your think Orange Julius Caesar had anything to do with this?
This didn't happen during the administration of your lord and savior.
A Pirate and a Puritan look the same on a balance sheet.
> No, but if you'll die if you don't get one, then it shouldn't cost $600.
That will be a fun way to ensure that nobody ever makes anything useful for you EVER.
$600 really isn't that much in this area really. You clearly have don't have enough real experience here to have ANY sort of perspective at all.
Attitudes like yours ultimately kill people.
A Pirate and a Puritan look the same on a balance sheet.
Great. The company that just had their high blood pressure drugs recalled for containing cancer causing impurities is now making this. I'm sure they have the same quality control in place.
Coffee and computers trade in a free market. Medicine does not. You don't even know what anything costs until the moment you buy it.
Actually, there is less than $1 of epinephrine in each Epipen.
It is relevant in any case. It is a statement of fact. You come across like you have a vested interest.
When all you have is a hammer, every problem starts to look like a thumb.
That's not manufacturing costs
And what do you imagine that manufacturing costs of this glorified syringe actually are?
When all you have is a hammer, every problem starts to look like a thumb.
The drug companies love the FDA. It is guaranteed profit in the name of making the public safe. The rich write the rules, in the guise of keeping the public safe, but the laws are written so that only the riches most financially powerful can abide by those laws.
It has never been about safety. It has always been about controlling access, and it is very effective. I congratulate the rich on creating a very affective scheme to keep the public subservient to you companies. Bravo.
Those who say that we need the government to control the corps are very naive. There is not difference between having a corporation control you life or the government control your life. You need individuals controlling their life. Abolish the FDA, AMA. and insurance companies. Allow individuals to buy their individual heath care from individual doctors. We do not have a free market in healthcare, we have corporate oligarchies propped up by the best government money can buy.
To market an epipen (or any other out-of-patent drug), you need to have your process approved by the FDA. The cost to get through this approval process is quite high. It is the root cause of a lot of these "price of an old drug goes up 10x" stories. The company that developed and got approval for the drug sells out to a hedge fund, who then crank the price. Most of the time, the market for the drug is so small that it isn't worth it for another company to certify a line to make the generic; the epipen obviously has a reasonably large market, and it was worth it to these people.
The fix here is for the government to bring down the price of FDA certification, but one party is split between shoveling government money into the hedge fund and destabilizing the drug research industry through nationalization, and the other doesn't think healthcare is a thing, so good luck.
Generic of course.
I'm just curious, why are Epi Pens not already generic?
Then observe the value of competition... The market works, if you let it.
There is already a generic epinephrine injector that's been around for about 13 years called Adrenaclick. I bought mine from Walmart for about $160, I think.
There's also the Auvi-Q since 2012. https://www.drugs.com/history/...
https://www.consumerreports.or...
https://www.usatoday.com/story...
Apparently Insulin has shot up in recent years. It seems crazy it should cost much at all, it's been made forever...
"There is more worth loving than we have strength to love." - Brian Jay Stanley
That's not how any of this works.
After a patent expires, the specific things covered by that patent become free to use. That's the whole point of the system.
There's no law requiring one to patent all methods used in a device all at once: You can't *force* someone to patent something.
There's also no law preventing one from patenting methods later down the road: The invention doesn't have to be new or previously-unseen to be patentable. It just has to pass the usual muster for a patentable thing. If that newly-patented, old thing is an important component that has been used and marketed for decades already, so be it.
It's shitty and divisive to spread patents out like this.
But the timer isn't reset: All of the patents for the Epipen that are 20 or more years old (such as the 5 that date back to 1987) are expired, and those inventions are free for everyone to use.
Kid-proof tablet..
Generic of course.
I'm just curious, why are Epi Pens not already generic?
Then observe the value of competition... The market works, if you let it.
Drugs become "generic". EpiPens are a patented, approved, and proven simple and reliable drug delivery system.
Yeah sure pal, he's actually a DINO.
Democrat in name only and tends to vote right along with your buddies in the repugnant, oops, I meant rethuglican party, because the state he happens to represent votes ass backwards conservative 9 out of 10 times anyhow. So in reality, he's just what you guys asked for way back in the 90's, a republican pretending to be a democrat so your ilk could get your f@#'d up legislation passed "bipartisanly" to screw over poor people and make corporate leadership rich.
Maybe you'll remember that next time you try and talk smack about democrats.
I'll also try and remember that you insist on paying $600 your epi-pens if ever your god blesses you or your immediate family with a fatal allergy in the future.
You can get a syringe and a needle to inject that for another $2. Factor in some antibacterial swabs to clean the area and a dressing and you've *maybe* spent $5. Now a syringe is not an auto-injector - generic auto-injectors cost $15 - $20. You can put together your own auto epinephrine injector from parts, including a label with instructions for the unskilled user, for about $30. That's paying full price and not getting any bulk discounts.
"But wait!" you cry. "That's dangerous to practice medicine on yourself! What if you get it wrong???" People have been self-injecting insulin, self-infusing clotting factor and self treating for decades. Those that are cautious and have appropriate practices just don't have problems. Building your own sterile epinephrine auto-injector with the proper dosage really isn't any different. Be responsible.
Now a *company* that wanted to implement this at scale with improved processes, greater volumes, direct-sourcing of product, better features, etc could likely deliver one for less than $50.
Natural monopoly by the incumbent.
Generic: "Hey, we could make generic Epipens for about $100 each. The brand name costs $600. Let's sell them for $200 and undercut"
Incumbent: (Cuts price to $100. Eats small loss per unit)
Generic: (Goes bankrupt)
Incumbent: (Raises price back to $600, recoups losses)
Ah, predatory pricing, a well-established market failure that any economist worth his salt will be able to explain fully and evidence with several major historical examples. Who could attribute the high price to the government completely forbidding competition in view of this totally not bullshit explanation.
Yeah sure pal, he's actually a DINO.
Democrat in name only and tends to vote right along with your buddies in the repugnant, oops, I meant rethuglican party, because the state he happens to represent votes ass backwards conservative 9 out of 10 times anyhow. So in reality, he's just what you guys asked for way back in the 90's, a republican pretending to be a democrat so your ilk could get your f@#'d up legislation passed "bipartisanly" to screw over poor people and make corporate leadership rich.
Maybe you'll remember that next time you try and talk smack about democrats.
I'll also try and remember that you insist on paying $600 your epi-pens if ever your god blesses you or your immediate family with a fatal allergy in the future.
Yeah, and Hillary and Bill didn't go from broke to billionaires, and Nancy Pelosi and Feinstein aren't play you lot like violins. But hey if you ever need an epi pen, remember it was Trump's administration that got you a cheaper alternative. I'm hoping your too hateful to use and buy the full price mylan product.
Epipens cost $100 each in Australia (that's $72USD). And that's without funding. Epipens are listed on the Pharmaceutical Benefits Scheme so if you actually need them rather than just buying them off the shelf you get them with a doctor's prescription for $38 ($27USD)
The drug (Epinephrine) is generic and the amount in an EpiPen costs under $1 at the pharmacy. It's super cheap and super available.
The part that's patented is the "auto-injector" part. You know, the bit that you jab into your leg and it injects that drug into you. And that's the part they pumped up the prices up on even though it's probably made up of plastic and metal that costs under $1 in raw materials.
The reason you need to have two EpiPens is that one may not have enough dose, and getting approval for an auto injector that has twice as much drug just costs a lot of money. When they're already tossing money in your direction, why bother?
They also didn't invent the autoinjector. The military has been using auto-injectors for decades.
Pulling shit out of your ass eh?
Yup, got one in my hand right now. Told my doctor I would do without before buying another EpiPen.
No he's a politician. He's a liberal Democrat but represents a State that has some very conservative pockets of folks so he'll say/do/vote however he needs to just to keep his seat.
He has always voted Democrat on the big issues, only sides with Republicans when otherwise it would directly affect his re-election.
Oh and he's a Democrat by the way, something to remember the next time they promise free healthcare.
I have never seen anyone (sane) promise "free healthcare" since there is no such thing. What they promise is healthcare for everyone. You know, like every other civilized country on the planet. We SHARE the cost and make it available to all without bankrupting the less wealthy among us in the process. Heaven forbid we share the costs and give a shit about our fellow citizens.
Good news, the last Democratic attempt shared those costs all the way up to the wealthy. Now anyone with any major health issue who isn't absurdly wealthy can look forward to losing their home for basic major health care. And they are so scared they'll have to pay so much for something that turns up in a well-visit that nobody that is healthy is actually seeking standard medical checks. Can't wait for the upgrade!
Natural monopoly by the incumbent.
Generic: "Hey, we could make generic Epipens for about $100 each. The brand name costs $600. Let's sell them for $200 and undercut"
Incumbent: (Cuts price to $100. Eats small loss per unit)
Generic: (Goes bankrupt)
Incumbent: (Raises price back to $600, recoups losses)
The issue with the last step is that another company can threaten to restart the cycle. As long as Incumbent keeps their price artificially high, there will always be another Generic. And in some countries, when Incumbent keeps dropping their price to block the latest Generic, that may qualify as illegal restraint of trade.
This isn't ECON 101 stuff, this is ECON 255 stuff.
Come to Malaysia.
Cataract eye surgery is usd250/myr1000 but has a 2 to 5 months wait. International level eye doctors n facilities. (indonesia n Thailand come over to msia for health tourism)
Delivering a baby, if its all scheduled n shit, is less than usd100. Prepare to be warded with 2 to 3 other mums in the same room tho(single n double beds r for private)
It's bitztream the autism-hating, custom EpiPen-hating, Musk-hating, Qualcomm-hating, Firefox tabs-hating, Slashdot editors-hating Slashdot troll!
It's not forcing anyone to "make drugs at cost", it's allowing more than one company to make especially widely used drugs - for drugs that have been around a very long time, thus profits have been long recovered for R&D.
The whole intent behind patent and copyright systems is that eventually everyone gets to make use of inventions, so too should be true of drugs.
Basically, it's just allowing competition where before there was none. Doesn't get much more American than that.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
> What other products should the whiny masses get to dictate pricing on?
The ones where the whiny corporations get to dictate immunity from the monopolent office.
I think you're forgetting the part where the government forbids the sale of the generic completely. As has been the case up until now.
I think you're forgetting that someone has to decide to make a generic and apply for FDA approval first.
Companies look at the natural monopoly and Mylan's anticompetitive history, and don't start the ball rolling on making one.
The FDA doesn't just approve generics that do not exist yet. Someone has to decide to make a generic, and then seek FDA approval.
With Mylan's anticompetitive history, anyone wading into this space knows that Mylan will slash their price to drive the generic out of the market. So no one decided to lose a giant pile of money developing a generic.
This particular company is betting that Mylan has attracted enough scrutiny that they won't be able to do it without antitrust regulators going after Mylan. We'll see if they pull it off.
I'll double-down on the Serious Answer: If we're the ones who hand out absolute control of an imaginary ownership, is there a reason we have to give it to them with no strings attached? Is absolutely unconditional power necessary for MUH INNOVATIONS or can we put basic sanity checks against unimpeded rampancy?
Do you need me to link the definition of "example" for you?
The issue with the last step is that another company can threaten to restart the cycle
That threat has to be credible to be effective.
We're not talking about something easy-to-make like a pill. An autoinjector is significantly more complex. So higher R&D costs, as well as more FDA approval work.
So another company saying "we're gonna come get you" is not as much of a threat because it's going to take that company longer to develop and get approval for their version. That gives Mylan plenty of time to react and thus cause far more damage to the generic than to their business.
Mylan has patent protection that lasts through 2025. So why is a generic version coming to market now?
Mylan to launch generic version of EpiPen, at half the cost
Who could attribute the high price to the government completely forbidding competition in view of this totally not bullshit explanation.
The government did not forbid competition. Anyone could develop a generic, get it approved and sell it. For decades.
Mylan's anticompetitive history caused companies to decide that losing a giant pile of money developing a generic only to get crushed by the incumbent was not in their best interest. The government's role is a relatively minor increase in development cost.
why am I able to buy generic versions of many other types of drugs and medications?
Pills are relatively cheap and easy to develop. Mix drug with already-approved filler and you're basically done.
Autoinjectors are more complicated and require more FDA approvals, since it's both a drug and a medical device. That means longer R&D time and R&D cost, which makes it easier for Mylan to harm the competitor much more than Mylan.
Plus, Mylan has been significantly more aggressive on pricing than other companies, so the assumption has been they would be aggressive here too.
Because the patent is on the device itself. The drug is generic and has been for many years (hint: you can buy it super cheap - the dispensing fee probably costs more than the drug itself).
If you don't do what the patent says, you can get a new patent on your auto drug dispenser.
Because they existed before 2009, but Mylan changed the design slightly around then and reapplied for a patent on the "new improved" design.
This generic can be exactly the same as a pre-2009 model and still work just fine.
Look how abusive, corrupt and evil drug, insurance and health companies are with all the regulations.
They would be downright murderous without it.
numbnuts
No, it pretty much comes out on it's own. Why, are you soliciting for employment?
Spotted the Mylan shill.
How does it feel to not have a soul? You fuckstains are worse than Dexter.
numbnuts
Yeah, my Metformin went from $10/month to $400/month. Why? The new prescription was "extended release". Same exact drug, but making it dissolve slowly is PATENTABLE!
I've abandoned my search for truth; now I'm just looking for some useful delusions.
The USA doesn't have free market capitalism, it has crony capitalism which loses almost all of the supposed benefits of capitalism. The USA has been that way to some degree almost since it was founded, but definitely since the end of the Civil War.
Actually, there is less than $1 of epinephrine in each Epipen.
Modding it down does not change the fact. What kind of subhuman does it take to do that, with millions of at risk children unable to pay the ransom?
When all you have is a hammer, every problem starts to look like a thumb.
Actually, there is less than $1 of epinephrine in each Epipen.
It is relevant in any case. It is a statement of fact. You come across like you have a vested interest.
Wow, somebody is systematically going through and modding down this factual information. Paid to do it, I assume.
When all you have is a hammer, every problem starts to look like a thumb.
https://staticseekingalpha.a.s...
This isn't inflation, and it isn't the fundamental price of the units increasing over time, and it isn't the case that EpiPen was previously unprofitable. This is not how prices are supposed to look in a free market. This is a market failure.
Attitudes that say that it's okay for the market to fail at generating lifesaving medicines also kill people, just as surely as the attitude that everything that saves lives must be cheap.
By all means, if you think it's important, then let the federal government take the monopoly back and make one giant direct deposit into Mylan's bank account to make them whole -- I'd actually be pretty okay with that system, though we'd have to work out details. If you don't think the federal government should transfer a bunch of cash to the company, why does the federal government grant monopoly rights?
Here's the history of the product
https://www.businessinsider.co...
maybe you should acquaint yourself with the facts before going off on these matters ?
CVS has been selling a generic version of the EpiPen since the beginning of 2017.
https://www.pharmacytimes.com/...
How's life in the hypocrite lane?
How did they get the patent itself?, I thought it was invented by an official or someone involved with the department of defense.
Actually, the FDA came about to say you can't just put any old crap in and call it medicine. Specifically, diethelyne glycol in in a children's Elixir Sulfanilamide formulation. Then it said you couldn't just go giving untested drugs to pregnant women such as thalidomide.
It does seem to have jumped the shark since then, but that is a call to reform (literally) the FDA, not eliminate it categorically.
A company overpriced their product and then a much cheaper version came out.
Free markets accomplish things, people.
Oh and he's a Democrat by the way, something to remember the next time they promise free healthcare.
He almost always votes with the Republicans though.
I'm James Shareef from USA, I have been suffering from (HERPES) disease for the past 13 months and had constant pain, especially in my knees. During the first month , I had faith in God that I would be healed someday.This disease started to circulate all over my body and I have been taking treatment from my doctor, a few weeks ago I came on search on the internet if I could get any information concerning the prevention of this disease, on my search I saw a testimony of someone who has been healed from (Hepatitis B and Cancer) by this Man DR JOHN and she also gave the email address of this man and advise we should contact him for any sickness that he would be of help, so I wrote to DR JOHN telling him about my (HERPES Virus) he told me not to worry that I was going to be cured!! hmm i never believed it,, well after all the procedures and remedy given to me by this man few weeks later I started experiencing changes all over me as the DR assured me that I have cured, after 2 weeks i went to my doctor to confirmed if I have been finally healed behold it was TRUE, So friends my advice is if you have such sickness or any other like HSV1,2,HPV1,2,3,CANER HIV,COLE SORES,TOOTH JOHN, ETC you can email DR JOHN on drjohnhivcurehome@gmail. com sir I am indeed grateful for the help I will forever recommend you to my friends!!! with your lovely Email Address or you can also phone/Whats App him on this number +2347064365391