Hillary Clinton Statement on EpiPen Pricing
Today, Hillary Clinton issued the following statement on Mylan Pharmaceuticals and their recent price hike on EpiPens:
“Millions of Americans with severe allergies rely on their EpiPens. When an allergic reaction leads to anaphylactic shock, a shot of epinephrine can literally be the difference between life and death. But now, just as parents are about to send kids with severe food and insect allergies back to school, the EpiPen’s manufacturer is hiking its price to an all-time high.
“Over the last several years, Mylan Pharmaceuticals has increased the price of EpiPens by more than 400%. They’re now charging up to $600 for a two-EpiPen set that must be replaced every 12-18 months. This both increases out-of-pocket costs for families and first responders, and contributes to higher premiums for all Americans and their employers.
“That’s outrageous – and it’s just the latest troubling example of a company taking advantage of its consumers. I believe that our pharmaceutical and biotech industries can be an incredible source of American innovation, giving us revolutionary treatments for debilitating diseases. But it’s wrong when drug companies put profits ahead of patients, raising prices without justifying the value behind them.
“In addition, when it comes to treatments like delivering epinephrine that have been available for decades, my plan encourages the production of alternative products. That’s how we can harness the power of competition to keep drug prices at a level that all Americans can afford.”
Hillary Clinton on EpiPen Price Gouging
August 24, 2016 by still4hill
Glad she is speaking out on this. Btw, who knew WV Senator Joe Manchin’s daughter is the CEO of Mylan? How unfortunate for him. Then again, 1000x more unfortunate for the millions who rely on the Epi. I hope she is called to testify.
LikeLike
There’s a generic verdion by Teva which is in some kind of slow lane in the FDA approval process. Be interesting to know if someone from Mylan golfs with the relevant regulator.
LikeLike
version. not verdion. sheesh.
LikeLike