Dr. Evil
20×102mm Vulcan
https://nypost.com/2016/08/24/ceo-w...IUMnRegG2nhJevmJsLh2XvQnme5Yy7ZEEAwhJDF3d5nVA
From 2016 but still interesting.
From 2016 but still interesting.
CEO who gouged EpiPen price is daughter of Democratic senator
- Thread starter Dr. Evil
- Start date
Why is there not an alternative in the market?
Lack of competition is the root of all evil.
Lack of competition is the root of all evil.
GOYABEAN
.950 JDJ
Monopoly root of all
Dr. Evil
20×102mm Vulcan
I just had a patient in who tried to get one recently for his daughter. He was told there wasn't one available in the Hudson Valley.
GOYABEAN
.950 JDJ
Remarkable
Unacceptable for a company to have a monopoly over this kind of thing. All monopolies are unethical.
spat
.950 JDJ
A government enforced monopoly in this case.
It's a difficult question though, without the patent process and the government enforced monopolies it creates we wouldn't have an incentive to innovate.
The way things went down with the EpiPen patent is BS, but in principle the process is the best we've got.
I look at it like this, some guy invents a magic pen that can save your life, and you complain he wants too much money for it ? Maybe he should charge less, or maybe if he couldn't charge so much he wouldn't have bothered inventing it in the first place.
The value of a good is determined by it's utility, not the cost to produce it. This thing is literally worth your life to some people.
Modean
.223 Rem
And if said magic pen was developed using tax payer funds?
spat
.950 JDJ
That's where the BS with the EpiPen implementation of the process comes in.
Government regulations
byron
.308 Win
epipen-alternative
CVS EpiPen
CVS Health has announced that a low-cost epinephrine auto-injector option, the authorized generic for Adrenaclick manufactured by Impax Laboratories (IPXL), is available at all CVS Pharmacy locations for $109.99 for a 2-pack.
Twogunwilly
6.5 Creedmoor
WOW, somehow I bet you can find lots of narcan tho.
pjzwtl
.308 Win
Tell him to look into the possibility of just getting 1:1000 EPI in a .3mg single dose vial with the syringe. At least he will have some on hand, unfortunately I doubt the kid would be up to using it on themselves but the parents could.
BDinPutnam
.475 A&M Magnum
Was it (developed using tax payer funds)?
My suspicion is the patent is on the delivery mechanism, not the drug itself. Epinephrine has been around for more than 100 years.
Still very expensive, but then again it's not (hopefully) a regular use item either.
Acer-m14
20×102mm Vulcan
if your allergic to bees and live out in the country .. you could be fkured ..
pjzwtl
.308 Win
Correct EPI is actually cheap and very generic.
Curmudgeon
.308 Win
My kid has a peanut allergy. I have a few expired pens, but refuse to pay the outrageous prices. He know he cant ear the stuff and knows to say no if there's not 100% certainty.
It would be nice to have the piece of mind a pen brings, but the benefit doesnt equal the cost. I won't ever advocate for government regulation over it. I like the free market. Participating is optional.
All that being said - of course there's a political connection. This didn't happen by accident.
It would be nice to have the piece of mind a pen brings, but the benefit doesnt equal the cost. I won't ever advocate for government regulation over it. I like the free market. Participating is optional.
All that being said - of course there's a political connection. This didn't happen by accident.
pjzwtl
.308 Win
I hate to tell you this but those expired pens may or may not work depending how expired they are. Epi will eventually degrade and if it’s no longer clear its bad don’t use it. No mater how carful your kid is there is a high likelihood he will get exposed sooner or later. Look into the options here is one I know of and I am sure there are others.
Home - Snap Medical Industries
"It would be nice to have the piece of mind a pen brings, but the benefit doesnt equal the cost."
My grandson has a peanut allergy and I can't imagine ever making a statement like that.
E the massive
.308 Win
And she still hasn't been dragged into the street and beaten.
Curmudgeon
.308 Win
Yeah. I'm probably a horrible person. That's ok. Epi isn't the be all and end all. There are many other ways to prevent. First is educating the child, second is creating awareness.
I've been aware of his allergy for 10 years and never once have we had to use the pen, take him to the doctors, etc. And just because you show as allergic doesnt mean the smallest contact = catastrophe.
BTW... he's also supposedly allergic to eggs and fish, yet he eats those several times a week.
Curmudgeon
.308 Win
For what? Trying to make the company's shareholders money? That's what all CEO's do. They may be despicable people, but they aren't infringing on anyone else's rights.
Are you suggesting that private businesses should be restricted as to how much profit they make? That would sound a bit like Bernie and aoc.
Curmudgeon
.308 Win
Thanks for the link. Not a bad idea. I do realize the pens in my possession are likely ineffective.
Curmudgeon
.308 Win
So Doc. What are you're thoughts on this?
E the massive
.308 Win
Don't care what it sounds like.
Curmudgeon
.308 Win
OK. So what are you saying then?
E the massive
.308 Win
She should be dragged to the street and beaten.
Curmudgeon
.308 Win
Why?
Dr. Evil
20×102mm Vulcan
Don't know enough about the story other than the link. They mention something about looking into anti trust law violations. I just found it interesting that there was this connection to a politician. There are many times we see family members of politicians getting cushy jobs, making money in interesting ways, etc.. Just seemed curious to me.