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Honored Contributor
Posts: 18,415
Registered: ‎11-25-2011

Re: Cost of Epi pen goes up more than 400%

[ Edited ]

...and during an interview with The View in May, Whoopi introduce the segment by saying, "...you are partnering with Mylan..."

(Mic Drop) 

 

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Esteemed Contributor
Posts: 6,495
Registered: ‎04-20-2013

Re: Cost of Epi pen goes up more than 400%


@pitdakota wrote:

@Stray wrote:

@terrier3 wrote:



Call me crazy, but other countries have managed to keep pharma costs in line. I live in a border city and see how much lower drugs cost in Canada.

We just need the WILL to negotiate with drug companies.

Making it ILLEGAL for Medicare to negotiate for Part D drugs was a VERY bad move, IMO.


@terrier3- there is no negotiating for epi pen because there is a monopoly and no competition.  The large increase was not due to the drug which costs about 20c a vial but the pen itself.  So, of course, the cost is passed on to the unsuspecting consumer in need.  The FDA is at fault for holding approvals or removing competitors from the market....is it safety? Or kickbacks? Who knows but the controlling organization is the FDA.  Sad part, as a nurse, we used multiple dose ampules of epi which cost pennies....but, you can't use that mode with the public or self administration.  I believe the free market will right the situation and bad publicity will drive the price down.   There is also a product (epinephrine delivery)  in R&D that is the size of a credit card that, if approved, will be on the market soon.  But, soon doesn't help those who need it now.  The FDA supposedly assures safe products in our Country and many products approved in other countries have been pulled from our market because of contamination and other problems.  Chiron comes to mind who supplied us with Flu vaccine years ago which was pulled and caused a shortage of the much needed vaccine in our Country.  So it's a double edged sword...we want safe drugs, pure drugs and I don't know the standards elsewhere but I also think that part of the FDA role should be assuring access to people who need important drugs and that there is more than one company providing them allowing for competition and preventing monopolies which in turn causes price gauging and greed.  I am sure many people who need these drugs are not purchasing them or using expired drugs which is dangerous.....so is the FDA keeping Americans safe? 


_________________________________________________________

 

@Stray, I think you make some good points.  However, from a health policy perspective I think the situation is really far more complex.  Drug companies will file for patents on new medications or medication delivery systems which will prevent any other company from being able to replicate the medication for a number of years.  That leads to a monopoly on the market during that period of time and has nothing to do with the FDA.  The FDA cannot do anything under those circumstances to allow more than one company to make the pharmaceutical because the developing company has a patent. 

 

From an economic perspective, many experts believe it is essential to allow companies to patent their medications for a variety of reasons.

 

But if companies are not bound by patents or trying to get their product approved the FDA is a laborious project in order for them to follow their rules and regulations to try and ensure public safety as best they can. 

 

In fact, the FDA has come under some critism because they relaxed some of the rules for their approvals so that some medications were being released to the public sooner only to have problems turn up with those medications when large numbers of patients started taking them. 

 

So, in many ways they are between a rock and a hard place. 

 

I was trying to find something other than my pdf files that discusses the complex situations and just happened on this article that specifically discusses the EpiPen.  I guess since that situation is front and center in the news people are writing about the situation.

 

Here is the link to that article.  It does a good job of discussing some of the various aspects involved and gives specifics about problems that other companies had in bringing their product similar to the EpiPen to the market:

 

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

 

@pitdakota- I agree with you and the article  and the position of the FDA with patents.  But, the FDA has approved agencies from abroad or within the Country for other meds. that may have the same ingredient but a different delivery system or some minor difference.  But, the FDA is above all responsible for safety and I for one, as a nurse, as a patient would not order from Canada or any other Country.  But, I do think the FDA bears responsibility when they know a monopoly exists and should research other sources.  It's wonderful to have safe drugs but access should have no barriers.  A communication from the FDA to a drug company warning of price gauging with a fine attached could stop the practice.  I know with new cancer therapies a few were released too early but people who are desparate for a cure don't necessarily care about safety or FDA guidelines.  The agency has a tough job and it's easy to sit here, for me, to quarterback but the Epi pen issue should not have happened as the drug itself is quite safe and been in use forever.  This clearly was the delivery system and price gauging by both companies.  I don't know who manufactures the pen itself but I am sure they increased their prices and Mylan passed that cost on to the customer. 

 


 

Regular Contributor
Posts: 202
Registered: ‎03-29-2016

Re: Cost of Epi pen goes up more than 400%

Again, QVC is removing a post they feel is "political" in nature.  How is this political?? The person who started the post was outraged at the cost of the LIFE SAVING EPI PEN which has become to expensive for patients to afford.  I don't get it??  Was the thread removed  because one poster happened to mention that the CEO of Mylan is the daughter of the senator from WVA...and her salary rose dramatically over the past 10 years??? Is that a "political" statment??  IMO, it was merely "factual information" that she shared with the QVC community.

 

People (including myself) who need the  Epi Pen or have family members who rely on it to save their life in an emergency are outraged!!!  And, they should be..as ALL of us should !!  People can't afford their medicine anymore!!!  The Epi Pen is just ONE expample, there are MANY drugs that are now becoming out of reach for those who need  them. My newphew takes Trileptal that costs almost 4K a month now, and therefore he is being forced to change his medication (that is working well)....That's  cause for outrage in my book!!! This isn't a "political subject".

Respected Contributor
Posts: 3,970
Registered: ‎03-16-2010

Re: Cost of Epi pen goes up more than 400%

[ Edited ]

@Stray wrote:

@pitdakota wrote:

@Stray wrote:

a shortage of the much needed vaccine in our Country.  So it's a double edged sword...we want safe drugs, pure drugs and I don't know the standards elsewhere but I also think that part of the FDA role should be assuring access to people who need important drugs and that there is more than one company providing them allowing for competition and preventing monopolies which in turn causes price gauging and greed.  I am sure many people who need these drugs are not purchasing them or using expired drugs which is dangerous.....so is the FDA keeping Americans safe? 

_________________________________________________________

 

@Stray, I think you make some good points.  However, from a health policy perspective I think the situation is really far more complex.  Drug companies will file for patents on new medications or medication delivery systems which will prevent any other company from being able to replicate the medication for a number of years.  That leads to a monopoly on the market during that period of time and has nothing to do with the FDA.  The FDA cannot do anything under those circumstances to allow more than one company to make the pharmaceutical because the developing company has a patent. 

 

From an economic perspective, many experts believe it is essential to allow companies to patent their medications for a variety of reasons.

 

But if companies are not bound by patents or trying to get their product approved the FDA is a laborious project in order for them to follow their rules and regulations to try and ensure public safety as best they can. 

 

In fact, the FDA has come under some critism because they relaxed some of the rules for their approvals so that some medications were being released to the public sooner only to have problems turn up with those medications when large numbers of patients started taking them. 

 

So, in many ways they are between a rock and a hard place. 

 

I was trying to find something other than my pdf files that discusses the complex situations and just happened on this article that specifically discusses the EpiPen.  I guess since that situation is front and center in the news people are writing about the situation.

 

Here is the link to that article.  It does a good job of discussing some of the various aspects involved and gives specifics about problems that other companies had in bringing their product similar to the EpiPen to the market:

 

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

 

@pitdakota- I agree with you and the article  and the position of the FDA with patents.  But, the FDA has approved agencies from abroad or within the Country for other meds. that may have the same ingredient but a different delivery system or some minor difference.  But, the FDA is above all responsible for safety and I for one, as a nurse, as a patient would not order from Canada or any other Country.  But, I do think the FDA bears responsibility when they know a monopoly exists and should research other sources.  It's wonderful to have safe drugs but access should have no barriers.  A communication from the FDA to a drug company warning of price gauging with a fine attached could stop the practice.  I know with new cancer therapies a few were released too early but people who are desparate for a cure don't necessarily care about safety or FDA guidelines.  The agency has a tough job and it's easy to sit here, for me, to quarterback but the Epi pen issue should not have happened as the drug itself is quite safe and been in use forever.  This clearly was the delivery system and price gauging by both companies.  I don't know who manufactures the pen itself but I am sure they increased their prices and Mylan passed that cost on to the customer. 

 


_____________________________________________________

 

Hi @Stray.  Sorry I have not been on the board lately and just now saw your post.

 

As a nurse I know you are aware that epinephrine is the same thing as adrenaline (made by our bodies).  So there is no patent on epinephrine.  Every pharmaceutical company I know has their own version of epinephrine or adrenaline.  In fact, it is more commonly referred to as adrenaline in European countries.

 

The patent is on the delivery system and Mylan is the one that acquired the patent for that delivery system.  The Adrenaclick is epinephrine with a different delivery system which is just a smidge difference.  Enough that it doesn't violate the patent.  Other companies have tried to develop their system, but as you know they had to pull one delivery system because it did not consistently deliver the correct dosage. 

 

I appreciate your comments about the FDA notifying companies of a  monopoly on the market, but FDA simply does not have the authority to do that.  Furthermore, it is not within the law for the FDA to get involved with companies and their pricing of medications.  

 

There would have to be a law passed by Congress to set parameters of what price gouging was in the pharmaceutical arena and empower the FDA to oversee & regulate pricing for meds.

 

  And I think we all know that isn't going to happen anytime soon. It is a shame because it would certainly help people with the costs of meds.  When Medicare Part D was passed, as terrier 3 identified....they were not able to get agreement to allow  Medicare to negotiate for better prices in companies.  Too many in Congress felt it was not in keeping with capitalism, ie, the companies would not be able to charge more than the market could bear.

 

At any rate, the FDA has no legal power to determine what constitutes price gouging or warn any company about pricing at this time.

 

I do think things are changing though.  For so long companies could charge exorbitant amounts and individuals really didn't realize it because insurance was picking up the majority of the costs.  Now with co pays and insurance companies not covering many meds, people out there are getting a real look at what the costs of these medicines are in this country and the practices of raising costs significantly over the years.  This is not a new practice by any means.  It is just now that people are seeing it as it has existed and still exists today.  So maybe with public pressure there might be some hope of getting some type of legislation passed to change things in terms of pricing for pharmaceuticals.

 

I remember early in the 1980s when TPA first came into the market.  The cost was over $6,000 for a single dose.  That was very expensive back in the early 80s.  But few people knew it since insurance covered the cost.  So maybe things will change with public knowledge and public pressure.  One can hope.


 


* Freedom has a taste the protected will never know *
Esteemed Contributor
Posts: 6,495
Registered: ‎04-20-2013

Re: Cost of Epi pen goes up more than 400%


@pitdakota wrote:

@Stray wrote:

@pitdakota wrote:

@Stray wrote:

a shortage of the much needed vaccine in our Country.  So it's a double edged sword...we want safe drugs, pure drugs and I don't know the standards elsewhere but I also think that part of the FDA role should be assuring access to people who need important drugs and that there is more than one company providing them allowing for competition and preventing monopolies which in turn causes price gauging and greed.  I am sure many people who need these drugs are not purchasing them or using expired drugs which is dangerous.....so is the FDA keeping Americans safe? 

_________________________________________________________

 

@Stray, I think you make some good points.  However, from a health policy perspective I think the situation is really far more complex.  Drug companies will file for patents on new medications or medication delivery systems which will prevent any other company from being able to replicate the medication for a number of years.  That leads to a monopoly on the market during that period of time and has nothing to do with the FDA.  The FDA cannot do anything under those circumstances to allow more than one company to make the pharmaceutical because the developing company has a patent. 

 

From an economic perspective, many experts believe it is essential to allow companies to patent their medications for a variety of reasons.

 

But if companies are not bound by patents or trying to get their product approved the FDA is a laborious project in order for them to follow their rules and regulations to try and ensure public safety as best they can. 

 

In fact, the FDA has come under some critism because they relaxed some of the rules for their approvals so that some medications were being released to the public sooner only to have problems turn up with those medications when large numbers of patients started taking them. 

 

So, in many ways they are between a rock and a hard place. 

 

I was trying to find something other than my pdf files that discusses the complex situations and just happened on this article that specifically discusses the EpiPen.  I guess since that situation is front and center in the news people are writing about the situation.

 

Here is the link to that article.  It does a good job of discussing some of the various aspects involved and gives specifics about problems that other companies had in bringing their product similar to the EpiPen to the market:

 

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

 

@pitdakota- I agree with you and the article  and the position of the FDA with patents.  But, the FDA has approved agencies from abroad or within the Country for other meds. that may have the same ingredient but a different delivery system or some minor difference.  But, the FDA is above all responsible for safety and I for one, as a nurse, as a patient would not order from Canada or any other Country.  But, I do think the FDA bears responsibility when they know a monopoly exists and should research other sources.  It's wonderful to have safe drugs but access should have no barriers.  A communication from the FDA to a drug company warning of price gauging with a fine attached could stop the practice.  I know with new cancer therapies a few were released too early but people who are desparate for a cure don't necessarily care about safety or FDA guidelines.  The agency has a tough job and it's easy to sit here, for me, to quarterback but the Epi pen issue should not have happened as the drug itself is quite safe and been in use forever.  This clearly was the delivery system and price gauging by both companies.  I don't know who manufactures the pen itself but I am sure they increased their prices and Mylan passed that cost on to the customer. 

 


_____________________________________________________

 

Hi @Stray.  Sorry I have not been on the board lately and just now saw your post.

 

As a nurse I know you are aware that epinephrine is the same thing as adrenaline (made by our bodies).  So there is no patent on epinephrine.  Every pharmaceutical company I know has their own version of epinephrine or adrenaline.  In fact, it is more commonly referred to as adrenaline in European countries.

 

The patent is on the delivery system and Mylan is the one that acquired the patent for that delivery system.  The Adrenaclick is epinephrine with a different delivery system which is just a smidge difference.  Enough that it doesn't violate the patent.  Other companies have tried to develop their system, but as you know they had to pull one delivery system because it did not consistently deliver the correct dosage. 

 

I appreciate your comments about the FDA notifying companies of a  monopoly on the market, but FDA simply does not have the authority to do that.  Furthermore, it is not within the law for the FDA to get involved with companies and their pricing of medications.  

 

There would have to be a law passed by Congress to set parameters of what price gouging was in the pharmaceutical arena and empower the FDA to oversee & regulate pricing for meds.

 

  And I think we all know that isn't going to happen anytime soon. It is a shame because it would certainly help people with the costs of meds.  When Medicare Part D was passed, as terrier 3 identified....they were not able to get agreement to allow  Medicare to negotiate for better prices in companies.  Too many in Congress felt it was not in keeping with capitalism, ie, the companies would not be able to charge more than the market could bear.

 

At any rate, the FDA has no legal power to determine what constitutes price gouging or warn any company about pricing at this time.

 

I do think things are changing though.  For so long companies could charge exorbitant amounts and individuals really didn't realize it because insurance was picking up the majority of the costs.  Now with co pays and insurance companies not covering many meds, people out there are getting a real look at what the costs of these medicines are in this country and the practices of raising costs significantly over the years.  This is not a new practice by any means.  It is just now that people are seeing it as it has existed and still exists today.  So maybe with public pressure there might be some hope of getting some type of legislation passed to change things in terms of pricing for pharmaceuticals.

 

I remember early in the 1980s when TPA first came into the market.  The cost was over $6,000 for a single dose.  That was very expensive back in the early 80s.  But few people knew it since insurance covered the cost.  So maybe things will change with public knowledge and public pressure.  One can hope.


@pitdakota- I understand the FDA has no legal right to enforce but they should have the right to receive reports of gauging, issue warnings and report to a government agency to enforce or issue a fine.  It just doesn't seem right that we can do that with gas and other products but not with lifesaving medicine.  To me, the FDA, ensures the safety of our drugs but with safety comes access because without their vital medications, people will get sick and die.  It seems simple to me but our government has a disconnect and doesn't work with logic, efficiency or even our best interests at heart.  This should never have happened with epinephrine or any other drug.  The problem with Adrenaclick is that they can't produce enough of the drug and the delivery system is a little different and not as easy to work with.  It is a suitable substitute if you can get it but again, access.  

 

 I am not saying the FDA should clear a drug not suitable for the population but if their denial creates a monopoly, I think they do have the internal power to review options and release a public service announcement re alternatives for people who rely on a lifesaving drug.