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posted by martyb on Tuesday August 23 2016, @07:34AM   Printer-friendly
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.

At Fortune, NYT, The Hill.


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  • (Score: 2) by edIII on Tuesday August 23 2016, @08:35PM

    by edIII (791) on Tuesday August 23 2016, @08:35PM (#392285)

    Recouping costs is one thing. That is NOT what is happening here.

    This is AVARICE. Watch Michael Moore's "Sicko" and you can see people getting meds for nickel for the same stuff that costs over $100 in the U.S. It's the same reason why there are huge buses of senior citizens going to Canada to get drugs.

    All of the executives deserve to burn in hell. While they're still here before they get there, we should dox every one of those fuckers. Why?

    So when they go into a restaurant they're ice tea is $49.50. They're side of fruit $93.75. The full meal is $432.68.

    When they complain to the rest of us, we can ask them back why the fuck is a life-saving EpiPen all of the sudden $500? When they respond tongue-in-cheek about RoI and we, the unwashed masses, are simply too ignorant about business and Capitalism, we can respond right back, "No, we learned quite well. That's why your meal is $432.68 and only cost us $8.00 to make in the kitchen. We know you will be back, because like life saving drugs, you have choice but to eat, or die".

    --
    Technically, lunchtime is at any moment. It's just a wave function.
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  • (Score: 0) by Anonymous Coward on Thursday August 25 2016, @09:23AM

    by Anonymous Coward on Thursday August 25 2016, @09:23AM (#392929)

    We know you will be back, because like life saving drugs, you have choice but to eat, or die".

    Let me remind you its illegal to prepare your own meal from stuff you can get. We have "Worked With Congress" to have Law passed. You are not a certified chef and cannot prepare food. Even your own.

    Thank you, Congress, and let me Shake Your Hand, for passing legislation for my business model and taxing the people to support armed enforcement personnel if needed to protect my business model!