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A new Illinois law going into effect January 1st, 2025 will cap the price of the life-saving medicine at $60. Around 3.6 million Americans use epinephrine injectors (EpiPens) to treat severe ...
In 2001 Meridian and Dey introduced a two-pack version of the EpiPen; at that time the device had $23.9 million in annual sales and accounted for 75% of the market in the United States. [19] In 2002 King Pharmaceuticals acquired Meridian for $247.8 million in cash; [ 17 ] the deal was completed in January 2003. [ 20 ]
Those profits were also due in part to Mylan's continually raising the price of EpiPens starting in 2009; in 2009 the wholesale price of two EpiPens was about $100, by July 2013 the price was about $265, in May 2015 it was around $461, and in May 2016 the price rose again to around $609, [90] around a 500% jump from the price in 2009. [94]
The EpiPen, and its maker Mylan Pharmaceuticals, have been all over the news as of late. But price hikes on crucial medicine go far beyond the Epi-Pen. EpiPen isn't the only emergency medicine ...
Prescription drug list prices in the United States continually are among the highest in the world. [1] [2] The high cost of prescription drugs became a major topic of discussion in the 21st century, leading up to the American health care reform debate of 2009, and received renewed attention in 2015.
After Mylan purchased EpiPen from Merck in 2007, the company raised the price of a two-pack by 500%. The public was furious, but CEO Heather Bresch's bank account is happy and healthy.
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