Posted on 08/24/2016 5:39:58 PM PDT by GrandJediMasterYoda
CEO who gouged price of EpiPen is daughter of Democrat senator
CHARLESTON, W.Va. — As a pharmaceutical company run by U.S. Sen. Joe Manchin’s daughter faces scrutiny for hiking prices on life-saving allergy injection pens, Manchin is remaining mum.
The Democratic West Virginia senator’s daughter, Heather Bresch, is CEO of Mylan, which manufactures EpiPens.
A two-dose package cost around $94 nine years ago. The cost averaged more than six times that in May.
Manchin spokesman Jonathan Kott said Wednesday the senator had no comment.
(Excerpt) Read more at nypost.com ...
I wonder how much Hitlery got in kickbacks.
I read elsewhere that the CEO donated to Hillary’s foundation.
Capitalist running dog pig socialist ‘Rats.
BWAH!!! There you go!!!
A two-dose package cost around $94 nine years ago. The cost averaged more than six times that in May
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There is no way that cost of production increased anywhere near that.
This is gouging.
It is why medical costs are out of control.
Gouging is normal in the medical industry.
I’ll say it again: Democrats get rich by following conservative principles in life and finance. In office it’s other people’s money. Guess hypocrite is the word.
Thank God we have a Non Partisan Department of Justice to after theses FELONS/s
One would think that the mere Publishing of this Information, the DOJ would have already Arrested Every Executive in the Company and began Civil Asset Forfeiture, Hell maybe even get her Daddy Senator Manchin too.
$10 says he PROFITED off Insider Trading with regards to his Daughters Company.
You can buy these over the counter virtually anywhere in Europe for about $20 each.
it is blatantly illegal under 15 USC, with a ten year per count felony prison term, to attempt to monopolize, restrain trade or price-fix. Therefore it is only because of the explicit, intentional and outrageous conduct of your own government that you are getting raped like this on a literal daily basis, and this issue, as I’ve repeatedly pointed out is not limited to EpiPens — in fact, Mylan has raised prices on dozens of off-patent, generic medications by about the same 500% in the last few years and the only reason they get away with any of it is the above use of government force.
https://market-ticker.org/akcs-www?post=231480
Yep right here
that’s something you wont be hearing about in the Commie media
I absolutely loath the Ministry of Propaganda.
The stuff they refuse to cover is as damaging as the spin they apply to what they do cover.
I wait to hear the company’s explanation for the cost increase. Has aderenaline increased in price? Has the dispenser increased in cost-to-produce?
Competition is the main way the capitalist system keeps prices down. Why aren’t there lots of competitors making a simple device to inject a generic drug? I take insulin with a simple “pen”. I will say that there are competing pens but all have high prices.
My grandson has a severe peanut allergy and this price hike will kill my daughter. She has to have pens in her purse, the car, at school and church for youth group. in his backpack for sports. And the pens expire so it’s not even a one-time expense. She has no choice but to buy them, he’s been in ambulances three times.
The government’s always butting in where they don’t belong then crickets when some crap like this goes down.
What they are charging these days for Epi-Pens is extortionate.
A two pack is $50 WITH the co-pay.
Without, it’s well over $200.
People’s lives depend on these things and it’s reprehensible that they are screwing a captive market.
Manchin’s daughter knows how to make a buck. Mylan, her drug company, got a law passed to require all schools to have Epipens…it’s for the childern. (Remember Jocelyn Elders, Bill’s Sturgeon General?) Now they are trying to get a law that all sports venues and other entertainment venues must have Epipens. That is a lot of money for an item that expires in a year and must be replaced. Greed under the guise of good only lasts until you get too overtly greedy.
And how soon do you think that Rachael Madcow or Tingles Matthews, or even the cretins at the DUmp, have a comment?
I know that the topic was scrubbed unceremoniously from at least one liberal forum.
Instapundit posted a chart some time last week that showed the cost of various things compared to inflation over the last several years. Was a great chart - I forget the source but it would be nice to post it and discuss.
Most of the people who use EpiPen pay an insurance copay for them so they never notice the increase - it gets absorbed into the enormous black hole between the insurers and the providers. Let WalMart sell them and you will find out what they are actually worth on the open market.
I saw on a news show that these things cost ONE DOLLAR to make.......what’s up with that??? Big Pharma needs to be reined in....imho
Been hearing about the price all day but not the volume? Anyone know how many of these get bought? The press is saying they cost two bucks to make but I’m dubious, particularly if it’s low demand.
“Without, it’s well over $200.”
giggle giggle giggle
Try $600!!!!!
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