“I am calling on Mylan to immediately reduce the price of EpiPens”. Mylan President Rajiv Malik’s base pay increased 11.1 percent to $1 million in 2015, and Anthony Mauro, the company’s chief commercial officer, got a 13.6 percent increase in base pay, to $625,000, the network reported.
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“She says prices went from “$100 for a pack of 2 in 2009 to somewhere between$500 and $600 this year”.
Wednesday, Senator Richard Blumenthal will meet with parents of EpiPen users as well as medical staff at the Connecticut Children’s Medical Center to discuss major hike in price for an EpiPen. Sen.
Congress is demanding answers about why EpiPen prices are skyrocketing.
The biotech sector was getting crushed Wednesday afternoon, likely in response to statements made by Democratic Presidential nominee Hillary Clinton, as well as The White House regarding the increase in EpiPen pricing.
“That’s outrageous – and it’s just the latest troubling example of a company taking advantage of its consumers”, Clinton said. We are proud of the programs which we have implemented over the past years to help support access to treatment, including our My EpiPen Savings Card™, a patient assistance program, and theEpiPen4Schools program which provides free EpiPen (epinephrine injection, USP) Auto-Injectors to USA schools. Bresch is the daughter of Sen. Joe Manchin (D-W.Va.), has been at the center of controversy before. Blumenthal is expected to call on the Senate Judiciary Committee and the Federal Trade Commission to launch an investigation into potential anti-trust violations and deceptive and illegal trade practices.
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Mylan spokeswoman Nina Devlin declined to comment specifically on the letters.
