Meanwhile, the daughter of Sen. Joe Manchin, a Democrat who helped forge a compromise on a bill that would expand Federal Bureau of Investigation background checks of gun buyers.
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EpiPens are produced by only one pharmaceutical company which produces EpiPens: Mylan N.V.
A spokesperson for Mylan did not immediately respond to a request for comment.
Klobuchar, voicing concerns for parents whose children have allergies, wants action.
Julie Barber, the last time she was prescribed an EpiPen – when she was pregnant with her older son. Its shares have more than doubled over the last five years, and it forecasts a 16% increases in sales this year. This week, I learned that the wholesale price was now $600 for a two pack, which is the smallest quantity available for purchase. “When an allergic reaction leads to anaphylactic shock, a shot of epinephrine can literally be the difference between life and death”, Clinton said in an emailed statement.
“EpiPen expires after a year, meaning consumers are required to buy new EpiPens annually”.
“I think we have an obligation to the American people to do our job regardless of who is related to who at a company”, Klobuchar told reporters. According to Elsevier Clinical Solutions’ database of prices set by manufacturers, Mylan raised the price 5 percent the in 2008 and 2009, when a competitor hit the market.
“Unfortunately, the story of EpiPen is not unique”.
While the drug industry can be an “incredible source of American innovation”, she said “it’s wrong when drug companies put profits ahead of patients, raising prices without justifying the value behind them”.
While Mylan has steadily increased the price of EpiPens since 2007, the uproar from consumers is more recent. Patients deserve increased price transparency and affordable care, particularly as the system shifts significant costs to them. Each pen is one time use and they are only good for one year before they need to be replaced. Instead of an EpiPen, keeping a syringe and a vial of epinephrine close by is a far less expensive choice. Senator Richard Blumenthal was a co-sponsor of legislation that encouraged public schools to carry emergency treatments for anaphylaxis. Clinton said there was “no apparent justification” for the high price of EpiPens. Negro has two children who have food allergies that require her family to own EpiPens. In Canada, EpiPen’s still cost around US$100.
Sen. Claire McCaskill and Sen. This may keep the life-saving pens out of the hands of many who need them, the AMA warned.
Clinton echoed calls for Mylan to reduce the “outrageous” price hike.
As the EpiPen ‘s price has risen, Mylan Pharmaceuticals CEO’s total compensation is up more than 600 percent over the past decade. “Others, when they find out the price of an epinephrine auto injector, failed to fill their prescription”. Bresch’s greed is likely to cost the lives of many more.
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U.S. Rep. Grace Meng, D-N.Y., asked the House Oversight and Government Reform Committee to hold a hearing on the issue. He defended Mylan to CBS News on Tuesday.
