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posted by
martyb
on Tuesday August 23 2016, @07:34AM
from the staying-alive-is-getting-more-expensive dept.
from the staying-alive-is-getting-more-expensive dept.
EpiPen's price has ballooned about 400% since 2008, rising from about a $100 list price to $500 today. The EpiPen is one of the most important life-saving medical innovations for people with severe food allergies—which affect as many as 15 million Americans and 1 in 13 children in the United States. But its price has exploded over the last decade despite few upgrades to the product itself. The product's lack of competitors is likely a significant driver of the costs. [...] [The] EpiPen enjoys a near-monopoly on the market with annual sales of more than $1.3 billion and nearly 90% U.S. market share.
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EpiPen's Price Increased 400% since 2008
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Everything is worth precisely as much as a belch, the difference being
that a belch is more satisfying.
-- Ingmar Bergman
(Score: 2) by VLM on Tuesday August 23 2016, @11:49AM
I'd be careful because a soul-less evil corporation could trivially add a viscosity thickener such that if its at fridge temperature the injection is slow as molasses. Hmm you can't breathe due to bee string and the injector is in slow motion, lets see how this turns out...
Whew luckily we strongly regulate and control our monopoly providers, you know, like firefighters and air traffic controllers and medical. Oh wait... well at least we know epi-pens are not monopoly provided by soul-less evil corporations... oh wait...
Of course where your strategy would work is if you get a bulk deal on qty ten for $6500, refrigerate 9, carry one, use one per year or whatever, etc.