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A new Illinois law going into effect January 1st, 2025 will cap the price of the life-saving medicine at $60. Around 3.6 million Americans use epinephrine injectors (EpiPens) to treat severe ...
Prescription drug list prices in the United States continually are among the highest in the world. [1] [2] The high cost of prescription drugs became a major topic of discussion in the 21st century, leading up to the American health care reform debate of 2009, and received renewed attention in 2015.
Mylan had maintained about a 90% market share since it had acquired the product, and had continually raised the price of EpiPens starting in 2009: in 2009, the wholesale price of two EpiPens was about $100; by July 2013, the price was about $265; in May 2015, it was around $461; and in May 2016, the price rose again to around $609, [28] around ...
[37] [38] From 2007 to 2016, Mylan increased the price of EpiPens by 461 percent, from about $100 for a package of two pens to about $600. [36] By the first half of 2015, Mylan had an 85% market share of such devices in the U.S., [ 37 ] and in that year sales reached around $1.5 billion and accounted for 40% of Mylan's profit. [ 39 ]
About 5.3 million people on Medicare used the drugs between Nov. 1, 2023, and Oct. 1, 2024, according to the CMS. Together, the 15 drugs selected accounted for $41 billion, or 14%, of total ...
The EpiPen, and its maker Mylan Pharmaceuticals, have been all over the news as of late. But price hikes on crucial medicine go far beyond the Epi-Pen. EpiPen isn't the only emergency medicine ...
Those profits were also due in part to Mylan's continually raising the price of EpiPens starting in 2009; in 2009 the wholesale price of two EpiPens was about $100, by July 2013 the price was about $265, in May 2015 it was around $461, and in May 2016 the price rose again to around $609, [90] around a 500% jump from the price in 2009. [94]
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