Capitalism wins the fight for the Epi pen......and will continue to drop the price....

[2aguy]

Yes....the primary component of Capitalsim...you have to make your customers happy...that is why you get better versions of technology every 6 months.......

You would have the same thing for the epi pen if the government wasn't over regulating the medical field....

Now that the company making the pen wants to keep making money, they are lowering the price for those who can't afford it...why....to make their customers happy.........

Then...the FDA ...the government, can get off its ass and start putting through other brands of this item so that the competition can lower the price and improve the quality and function...the FDA stopped a generic brand and another one was recalled, creating the short term monopoly on this item.........

Mylan to Reduce EpiPen Costs as Political Pressure Mounts

Mylan will expand existing programs to help people with high out-of-pocket expenses, according to a statement Thursday. By using a savings card, patients will get as much as $300 toward their EpiPen 2-Pak, which should effectively reduce costs by 50 percent for those who were previously paying the full list price. The drugmaker is also doubling eligibility for its patient assistance program so now a family of four that makes up to $97,200 would not have to pay for the EpiPen.

“We recognize the significant burden on patients from continued, rising insurance premiums and being forced increasingly to pay the full list price for medicines at the pharmacy counter,” Mylan’s Bresch said in a statement. “Price is only one part of the problem that we are addressing with today’s actions. All involved must also take steps to help meaningfully address the U.S. healthcare crisis.”

 

[Fenton Lum]

Yes....the primary component of Capitalsim...you have to make your customers happy...that is why you get better versions of technology every 6 months.......

You would have the same thing for the epi pen if the government wasn't over regulating the medical field....

Now that the company making the pen wants to keep making money, they are lowering the price for those who can't afford it...why....to make their customers happy.........

Then...the FDA ...the government, can get off its ass and start putting through other brands of this item so that the competition can lower the price and improve the quality and function...the FDA stopped a generic brand and another one was recalled, creating the short term monopoly on this item.........

Mylan to Reduce EpiPen Costs as Political Pressure Mounts

Mylan will expand existing programs to help people with high out-of-pocket expenses, according to a statement Thursday. By using a savings card, patients will get as much as $300 toward their EpiPen 2-Pak, which should effectively reduce costs by 50 percent for those who were previously paying the full list price. The drugmaker is also doubling eligibility for its patient assistance program so now a family of four that makes up to $97,200 would not have to pay for the EpiPen.

“We recognize the significant burden on patients from continued, rising insurance premiums and being forced increasingly to pay the full list price for medicines at the pharmacy counter,” Mylan’s Bresch said in a statement. “Price is only one part of the problem that we are addressing with today’s actions. All involved must also take steps to help meaningfully address the U.S. healthcare crisis.”

Gee, I wonder what industry has stables full of lawyers and lobbyists fighting legal patent cockblocking wars and and blocking generics from reaching the market to boost profits in the most expensive health"care" system on the planet with a WHO healthcare outcomes ranking of 37th.

But I got muh guns, so, yeah, "freedom".

 

[SassyIrishLass]

I'm all for capitalism but this was sheer greed and unnecessary. Mylan should have known better

 

[2aguy]

Yes....the primary component of Capitalsim...you have to make your customers happy...that is why you get better versions of technology every 6 months.......

You would have the same thing for the epi pen if the government wasn't over regulating the medical field....

Now that the company making the pen wants to keep making money, they are lowering the price for those who can't afford it...why....to make their customers happy.........

Then...the FDA ...the government, can get off its ass and start putting through other brands of this item so that the competition can lower the price and improve the quality and function...the FDA stopped a generic brand and another one was recalled, creating the short term monopoly on this item.........

Mylan to Reduce EpiPen Costs as Political Pressure Mounts

Mylan will expand existing programs to help people with high out-of-pocket expenses, according to a statement Thursday. By using a savings card, patients will get as much as $300 toward their EpiPen 2-Pak, which should effectively reduce costs by 50 percent for those who were previously paying the full list price. The drugmaker is also doubling eligibility for its patient assistance program so now a family of four that makes up to $97,200 would not have to pay for the EpiPen.

“We recognize the significant burden on patients from continued, rising insurance premiums and being forced increasingly to pay the full list price for medicines at the pharmacy counter,” Mylan’s Bresch said in a statement. “Price is only one part of the problem that we are addressing with today’s actions. All involved must also take steps to help meaningfully address the U.S. healthcare crisis.”

Gee, I wonder what industry has stables full of lawyers and lobbyists fighting legal patent cockblocking wars and and blocking generics from reaching the market to boost profits in the most expensive health"care" system on the planet with a WHO healthcare outcomes ranking of 37th.

But I got muh guns, so, yeah, "freedom".

That is called crony socialism.......using the government to get rid of competition......competition is the hallmark of capitalism....socialism ends competition, creates monopolies for favorite businesses and political donors.......

How many democrat finger prints are we going to find at the FDA blocking competitors of the epi pen.....considering it is the daughter of a democrat politician in charge of this company....?