Daily Caller:
The Food and Drug Administration (FDA) authorized a generic version of EpiPen Thursday in response to the drug’s ballooning price as the agency continues to incentivize the pharmaceutical industry to make generics to reduce drug prices.
American drug company Mylan manufactures the anti-allergic reaction product, which can cost up to $600 for a pack of two, reported NPR. Teva Pharmaceuticals USA, which has an Israeli parent company, will be the first company besides Mylan to sell a “therapeutic equivalent” of EpiPen and EpiPen Jr. and is expected to be cheaper in the U.S.
“FDA has taken many steps, and will advance additional new policies, to make development of complex generics more efficient,” FDA commissioner Dr. Scott Gottlieb wrote on Twitter Friday. “We’re working hard to make it possible to bring more generic copies of complex drugs to the market. This is a high priority for FDA.” more here
I am surprised some narco dealers
haven’t made up 500,000 of these
with home made chemicals and injectors
from China…
Isn’t the FDA the very reason there are no alternatives? FDA is corrupt to the core and serves the pharma companies. It has FAR more power than it should under the Constitution.
TR was the first of the “progressive” Presidents.
I had a feeling this was going to happen. I know that President Trump was making some noise about drug prices, and when he makes noise, things happen!!
Thank you, God for President Trump!
Watch last week’s cabinet meeting! Besides being generally awesome, the report given on drug prices and generics was really awesome. Words were spoken such as, “Changing the entire landscape….(regarding drug availability, pricing, etc.)”
And Larry Kudlow’s report to the board (Cabinet) was so fantastic, I’ve put it on continuous loop and played it ALL DAY LONG today! (Not literally, just in my head — but it was that good.) I think the word “historic” or words “first time, ever” are almost worn to the nub at this point.
It’ll be blocked by a Libtardial Judge….
When I was a contractor working in Afghanistan I could go to the local drug store and get a 2-pack epi-pen for $6. My cholesterol and hypertension drugs cost $35 per month back in the States with insurance. In Afghanistan on the local economy they were less than $10 per month and insurance was not accepted.
Is Novolog insulin on the generics list yet? Because I just paid $308 for one vial a couple of days ago. And that was with the ‘discount’. I can’t wait for next month. *eye roll*
… this will not help Joe Manchin’s re-election bid
Gee, how did it get so expensive in the first place?
“CEO who gouged EpiPen price is daughter of Democratic senator”
https://nypost.com/2016/08/24/ceo-who-gouged-price-of-epipen-is-daughter-of-democrat-senator/
manchin
the members of congress loves them pharmaceutical investments.
Let’s remember Epipen’s president is Joe Manchin’s daughter. The main ingredient – epinephrine – is generic and costs less than 10 cents. It’s the DELIVERY SYSTEM (which costs about $1.00) that has been protected by FDA regulations. NO COMPETITOR’S DELIVERY DESIGN COULD GET FDA APPROVAL.
The company was successful in getting a law passed recommending every public place have the Epipen. When that happened, Epi raised its price to $300+ per pen and packaged them 2 to a pack. They have a 1 year shelf life.
Manchin’s daughter saw her pay increase exponentially.
Looks like someone over-ruled the FDA cronies. Teva had submitted numerous competitive delivery systems. Only under Trump did FDA relent.
Used to be able to puchase a “bee sting kit” for about $5.
It consisted of an alcohol swab, a rubber string tournequet, a simple syringe of epi. All in a plastic case you could keep in the glove compartment for kids playing sports.
US Senators need to be flogged and hung from lightpoles on the National Mall. Why are they still walking free?????
Manchin is one of MANY MANY crooks. Corn ethanol? Healthcare monopolies? Sugar lobbies? Defense boondogles? Energy absurdities? The US Senate and House should be hounded all the way to Hell.