Why are EpiPens so expensive?

Why are EpiPens so expensive?

Is this type of price-gouging just capitalism at work?

Other urls found in this thread:

theconversation.com/the-real-reason-the-epipen-and-other-off-patents-are-so-expensive-64346
youtube.com/watch?v=ApW8sNbOru8
blog.onespotallergy.com/2012/01/allergic-injury-and-death-at-school-what-will-it-take-to-protect-our-children/
twitter.com/NSFWRedditImage

FDA blocks competition from generic brands

Pls stop bullying big Pharma
We is a good boi
We dindu nuffin

Why are diazepam pens so expensive?

Ask Hillary

this

free market lads

See , it is the absence of capitalism among other things that causes high prices in many areas. Healthcare and medicine are good examples as to why the FDA and over regulating groups lead to problems for customers.

theconversation.com/the-real-reason-the-epipen-and-other-off-patents-are-so-expensive-64346

They need to give more money to Hillarys campaign

>they increased prices because people will pay them.
>alternative brands will gain a large amount of sales
>it becomes unprofitable for the company to charge as much
>prices go back to normal

Do burgers not even into basic economics?

this is the justification for patents

they have a monopoly through patents and the FDA

>capitalism
>price gouging
Hurr

Which is not capitalism.

literally 2 seconds on google

Read the article, the drug isn't patented. It's just the FDA being niggers and not letting anybody else compete.

>enforcement of patents
>enforcement of stocking in certain institutions
>"free market"

I swear Sup Forums get stupider every time I log on.

democrat anti-market policies are at work.

I thought that said "AdrenaCuck"

I need to spend less time here.

>tfw you get them for free on the NHS

because you're a poor fuck who cant be self-sufficient

fuck you and you're entitlement, subhuman

It's patented.

There are laws against monopolies. However, if you donate enough money to a certain foundation and if that foundation has connections in the FDA, then you have a loophole. Hypothetically speaking of course.

Why don't these genetic rejects accept they are allergic to shit because they are inferior and don't deserve happiness or the ability to survive a bee sting?

Why do people even buy this shit for anything other than bee stings?
I had an allergic reaction when I was 4 and went to the hospital. I was then tested for different things I could possibly be allergic to, found out, and now I avoid those foods and have never had a reaction since. Are people too retarded to read labels or ask the chef at restaurants? Or just not fucking eat it if uncertain?

Yes price gauging is a corruption of capitalism

Self sufficiency is irrelevant to whether it's morally/ethically okay to price gauge.

i was merely acting retarded

they so expensive because insurance and medicine conspire to rip off the taxpayer

>Are people too retarded to read labels or ask the chef at restaurants?

The Jewnited States no longer take any responsibility for any of their own actions. Instead of teaching our crotchspawn to just be careful what they eat, we instead restrict the rights of 3000 students to make sure no one can bring a peanut into the building and punish those that do. All because one genetic failure among them, that coincidentally happens to be born of a liberal-voting parent. Because they're always liberals.

State enforced monopoly via patents or copyrights are not capitalism.

>log on
you're part of the problem bud

trolling is a art

This isn't capitalism at work. The company cannot compete with foreign companies because if drugs are to be sold in the US, they have to be made in the US.

This is an example of why we need a freer market. Just over the border in Canada, the pen sells for normal price.

>i was merely le trolling xD

>be ceo of epipen
>epipen only a few bucks to make
>ask democrat senator daddy to pass law requiring every school to have one
>law passes
>jack up the price to $600
>make billions

the city of liberal corruption everybody

...

people are so gullible, an atropine autoinjector works just as well and the military orders so many of them that you can get them surplus for around 10 US dollars

Looks like big pharma is good at capitalism. Faggots screaming "free market" not realizing that capitalism is about maximising your profits no matter what. These fucks "control the free market" now. You can't stop it. They just did what was necessary.

Im pretty sure theres actually something seriously wrong happening in north america, peanut allergies didnt exist a century ago and now all of a sudden 5% of us are allergic to fucking bread

But yeah the answer is just to take drugs and not worry about the actual root of the problem

Murika

this isn't free market capitalism, see:
they are using government regulations to force everybody to buy them at jacked up prices. in a true free market we would be able to buy them at normal price like, see:

What you have described is not free market.

Nhs: we'll place an order for 1m epipens
Pharma: that'll be $1b
Nhs: thanks but no thanks, i'll find someone else
Pharma: ok fine $900m
Nhs: yeah no, goodbye
Pharma: ok ok $100m

Obamacare insurance: so how about this epipen thing
Pharma: i'll get the fda
Some hand rubbing later
Fda: whoa, what's this large check doing here

Shkreli did nothing wrong.

Shkreli acted like a faggot and got treated in kind.

it is not free market, unless it's an unregulated flow of capital through private investment is avaliable by investing in the NAP

Lmao me too

I hope a spider bites the tip of your dick.

That's big pharma for you, they have one of the biggest lobbying groups.

>Why are EpiPens so expensive?

It was cheap for so long, that there were few competitors to choose from, because no
company bothered to make one.

The only other company that made such a device ran into quality control issues and
discontinued the product.

Mylan depends heavily on the profit from Epipens to survive. And being the sole
producer, It took advantage of the situation and raised the price.

This rice hike is momentarily painful, but will lead to more competition very quickly,
because a high price will encourage companies to invest time and money making their
own Epi-pen.

As long as you have insurance it doesn't matter.

And if youre too poor for insurance then you shoukd be on medicade

the only reason they are doing this is TPP and TTIP allow the pharmaceutical companies in the loop to do what ever they want

they bet they can screw every one and make more money. but there are not many with severe allergies

>As long as you have insurance it doesn't matter.

What are premiums for $800 dollars, Obama?

Adrenalin is also a pretty unstable compound that requires a complicated production line. That's why it expires so fast.

The mind of a socialist

>If I don't personally pay for something, then why should I care?

>Literally paying 9000% more for an autoinjector when you can just load your own syringes and cap/bottle them.

Only low-information plebs and retards care about this. It'll cost you like $5 a syringe if you just load your own. Rejects.

>hurr why would you buy one just stay away from allergens
Except that
>some kitchens don't take food allergies seriously, especially rarer ones
>people prepping food sometimes make mistakes
>some people's allergies are strong enough to be set off by particulates in the air
>most people with allergens want to be able to live functioning, productive lives and not be degenerate medical NEETs

I find it stupid as fuck that you would have a problem with somebody with a medical condition taking steps to minimise the risks in a way that doesn't affect you at all, and yet Sup Forums will winge about people not being self sufficent or imposing themselves on others to accomodate their allergies in the same breath.

Survival of the fittest, we should racket insulin shots next.

FPBP
The whole reason for the stupid price is lack of free market

if you don't use an autoinjector, you don't give bystanders the satisfaction of watching some fat wheezing autist get stabbed in the leg.

people pay good money for that shit.

desu how do you not fear accidentally injecting an air-bubble directly into your bloodstream?

humans are disposable, but lawsuits are forever

I work for Blue Cross Blue Shield. Adrenaclick is so new that we don't cover it.

>he's scared of air

oh shit nice one australia (((you))), i guess i shouldn't be scared of a gas embolism because i as a human have no quality control for any product that i can personally create

It takes a large amount of air, almost a purposefully large amount, to do any damage to you.

Government protects companies from competition.

In addition to providing long excusitivity from patents, it blocks generics, or labels generics as being incompatible substitutes. (This means you have to demand a separate prescription from your doctor for the generic version). Those generics still need to go through a lot of testing before FDA approval.

The FDA also blocks most foreign drugs based on the idea that they cannot be trusted, so there is no foreign competition. Generic brands that invest in manufacturing drugs in the U.S. are easily acquired by the brand name company so they need not compete.

Additionally, doctors do not care about the financial side of treatment and let the drug reps decide that the brand name drug is the only one worth prescribing. Even if the brand name loses 10% of business from generics, it can live with the reduced revenue, or know that it can increase the price to make up for the loss because the amount of people that will jump towards generics will be very few.

Costs of drugs are increased as patients make more money. Drugs are given extraordinarily high sticker prices to pressure people into having to buy health insurance. The healthcare insurance companies work out a deal so they pay so much cheaper than out of pocket. Only the poor get to take advantage of coupons, so that the fed doesn't interview for price gouging.

Lastly, the FDA introduced a program that allowed drug companies to get excusitivity for very old drugs if they researched the side effects again. This was supposed to incentivize old drugs get similar testing as new ones to ensure safety. But it simply became a ploy to jack up prices by 100x because nobody else manufactures the drug, and already a lot of people depend on it.

The government is as fault as much as the Heathcare companies are, but nobody wants to admit it.

but even small amounts can still cause complications

Nurse here. They are so expensive because people don't realize that you could get a prescription for a vial of epinephrine and a subcutaneous needle for about 10 bucks. I could train the dumbest of soccer moms to draw up and administer this med in about two minutes. There are some settings where that isn't reasonable, but by and large this is an expensive convenience.

youtube.com/watch?v=ApW8sNbOru8

>Nurse here
please be in vancouver

shooting yourself up is pretty easy, junkies do it all the time

>what is intravenous vs intramuscular

intravenous is a hell of a lot harder, so i don't see why you bothered to post that.

also junkies do intramuscular if their veins are too shot sometimes

I love how all the people getting rich off epipens had nothing to do with actually creating it.

Have a look at the US legal system, then imagine the biggest drooling retard you know, suffocating and panicking and trying to use one correctly..
Then fast forward 3 weeks with bthe hambeasts lardmother wailing on TV how the epipen didnt work through 6 inches of blubber.

blog.onespotallergy.com/2012/01/allergic-injury-and-death-at-school-what-will-it-take-to-protect-our-children/
Seriously you Yanks who like the idea of socialized medicine should realize most countries that have it have strict limits on liability and cap damages.

Kind of related, but for my cat's flea and worm medication, I buy a single dog dose for $20 and dosing it out with a syringe gives me 6 cat doses, which would cost $100+ normally.

It's pretty crazy how much extra money you pay for the medication to just be properly dosed out.

Medic here, correct, last weekend i had a rollover patient with a lot of broken bones. 3 tries at a line in and the veins collapsed each time, IM it was, effective but not the best route in.

Lol I saw the same thing, did a double-take.

There was a free market. Capitalists made it unfree (in their favor). This is capitalism.

asking for a friend here, if you fuck your veins up by shooting drugs, do they recover at some point or are you screwed for life?

capitalism without patents? How that gonna work mate?

why would you invent anything, if the next dindu could copy your product without any prob? They would even have the advantage of not putting any $ on research

no patents no free market

Are these those things you inject when you're exposed to nerve agents?

>spend decades and millions of dollars on research and development of a drug
>finally have a breakthrough
>your miracle drug can now save lives
>release product
>some stupid faggot buys one of your pills, breaks down its composition, and reverse engineers it
>he then creates his own "generic" that completely undercuts you
>now you don't make any money for the hard work you did and the determination you had to make this miracle happen
>never develop a new drug again because you'll just get fucked in the end
Really gets my brain juices flowing.

because the epipen company donated to hillary's campaign and got special favors.

ISN'T SAVING LIVES PAYMENT ENOUGH?

They should be. The weak should never have gained human or survival rights anyway

>Spend millions developing complex drug
>Some underground labs in India make a generic
>People tend to buy yours because it has higher bioavailability, onset of action, and fewer side effects as a result of biological engineering

It's happening today.

You can literary buy antibiotics from India without a script but people buy domestic lel

The Epipen company is run by a (D) senator's daughter.

This

Releasing a new drug to the market gives you exclusivity to the product for years. It sometimes costs billions to develop and research a new medication, so it helps the company make money back. Plus no one usually spends $600 for Epi-Pens. It's usually largely covered by insurance.

And it's capitalism at its finest: you can pay $100+ and live or refuse to pay and die.

I bet you're circumcised.

I use an EpiPen every 2 weeks but it only costs me $5 each time

Pretty sure I'm the rare anomaly though

Also for the reason I take it my college is paid for too

some people think that capitalism is some anarchic free market. They also think "free market" means "completely unregulated market"

the irony is that these assholes will, correctly, shout down any anarchist, telling them that an anarchic society quickly breeds tyrannical oligarchs, because there are no rules or safeguards to prevent such. Then they go on pissing into the wind over "free market capitalism" as if it doesn't require some strategic regulations in order to remain as free as possible .

I don't get people are spazzing out over the price hike. I don't use 'em, what are they used for? Just allergic reactions? What's the big deal then? Luckily I'm only allergic to Nickle.

People say "but drug research is costly, if you don't let them have a monopoly then you remove the incentive for them to research", but they don't realise that this is GOOD.

Why would anyone even want ((big pharma)) doing the drug research? They don't have an interest in curing diseases, they just want everyone on thousands of dollars of medications per year.

With just a fraction of the trillions of dollars governments collectively spend annually paying for monopolised drugs, they could give competitive research grants to groups who stand to benefit from finding cures rather than give money to ((companies)) who stand to benefit from cures never being found.

How does the government fund (((((big pharma)))))))? I'm not familiar.

I'm not defending those greedy jews, that's just the reality of it. They invest time and money and should have at least a little exclusivity for a bit to get their shekels worth so they'll develop more drugs. And I agree it's all a sham. They don't want actual cures, they want treatments that makes them money.

I guess my point being is the government should fuck off and not put my tax dollars towards any of that shit. ((((Big pharma))) or any other shit to find medicinal cures. Those will just do the same thing to keep the gravy train rolling.

governments fund ((big pharma)) indirectly through public health spending and subsidies to health insurance

last year the US government spent over $500 billion on Medicare

Oh I see. I forgot you get free shit if you're poor. Must be nice. Instead I'm stuck here at work shitposting on my phone because I wouldn't dare come to this site at work. I love playing for other people's shit through taxes.

If only I was brown I'd fly over to Europe and claim """" refugee"""" status and make those Germans pay for even more of my shit than I'd get here. Although then I wouldn't have freedom so maybe I'll stay here. I'll just pump some kids into some women and collect all sorts of welfare checks.

We need to gas allergyfags.

>They invest time and money and should have at least a little exclusivity for a bit to get their shekels worth so they'll develop more drugs

I'm not saying we should stop funding drug research, just that it should be funded directly.

Compare:
>Research group spends $$ and finds drugs, sells it to ((big pharma)) for $$$$$, big pharma patents it, trials it and exclusively sells it for $$$$$$$$$$$, most of which is paid for by governments (so, tax payers)

>Government gives $$$$ to research group which finds drugs and does initial trials. No drug patents exist so half a dozen pharma companies all start producing it at the same time and competing. Drugs are available widely for $, people can actually afford healthcare.

Be mylan
Buy out every epi pen manufacturer and new epipen formates autoinjects double injects etc.

Have complete monopoly and for the last 9 years jack up the price.

They bought autoinject a few years ago it used to be sold for 93 bucks each now its 609.

I guess its all that expensive r&d thats raising prices.

Mylan is a pharna giant with record profits epi pen isnt even there biggest seller