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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.
http://fortune.com/2016/08/22/mylan-epipen-price-hike-monopoly/ [fortune.com]

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