A Mother's Plea to CEO After EpiPen Price Jumped 400%
August 30, 2016
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9:31Now PlayingA Mother's Plea to CEO After EpiPen Price Jumped 400%
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as posted by the channelThe pharmaceutical giant Mylan has announced it will launch a cheaper generic version of its lifesaving allergy shot EpiPen amid public outcry over its alleged price gouging. However, consumer advocates say the cost of the generic drug is still prohibitively expensive and triple the price of what EpiPen cost in 2007 when Mylan acquired the product. The company increased the price of its allergy injector by some 400 percent in less than a decade, sparking a national conversation about the monopoly power of pharmaceutical companies. Across the United States, millions of children and adults rely on the pocketsized EpiPen to counteract fatal allergic reactions from common occurrences such bee stings and peanut consumption. For more, we speak with Ashley Alteman, who runs a website called SmashleyAshley.com, where she has just posted an open letter to Mylan CEO Heather Bresch.
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