EpiPen

17 Stories

Mylan's Measly $100 EpiPen Profit? It's Really $160

Pharma company offers what the WSJ calls 'clarification'

(Newser) - If you thought it seemed just a bit bananas that Mylan makes only $100 profit per EpiPen two-pack, which it sells for $608, you weren't alone. CEO Heather Bresch testified to that fact in front of the House Government Oversight Committee last Wednesday, as one disbelieving congressman flat-out asked,... More »

CEO: Mylan Only Makes $50 Profit Per EpiPen

Heather Bresch testifies before Congress

(Newser) - Outraged Republican and Democratic lawmakers on Wednesday grilled the head of pharmaceutical company Mylan about the significant cost increase of its life-saving EpiPens and the profits for a company with sales in excess of $11 billion, the AP reports. Mylan CEO Heather Bresch held up an EpiPen as she told... More »

Mom of EpiPen CEO Helped Get Them in Schools

While head of the National Association of State Boards of Education

(Newser) - By 2013, 11 states legally required schools to stock auto-injectors for epinephrine and pretty much all the rest recommended it, while the federal government passed the "EpiPen Law" giving funding preference to schools that did so. The push for auto-injectors, of which EpiPen was pretty much the only option,... More »

Mylan Caves a Bit More With Generic EpiPen

2-pack will list for $300

(Newser) - Relief is coming: In what Bloomberg notes is Mylan's second move after an explosion of criticism over the price of its EpiPens, the company on Monday announced it will start selling a cheaper version. The drugmaker says it will make available in the next several weeks a generic EpiPen... More »

As EpiPen Controversy Erupted, CEO Unloaded $5M in Stock

Heather Bresch sold 100K shares in deal meant to thwart appearance of insider trading

(Newser) - Mylan CEO Heather Bresch has taken her fair share of scrutiny lately over EpiPen's soaring price , her own soaring salary , her dad , and even a since-rescinded MBA from West Virginia University. But even as her company's controversy grew, Bresch did something else that's getting scrutinized: She unloaded... More »

EpiPen Company CEO: I'm No Martin Shkreli

Mylan's Heather Bresch defends the EpiPen's high prices, her own style to 'NYT'

(Newser) - Is Mylan CEO Heather Bresch the next Martin Shkreli? Based on public reaction to the bloated costs of her company's EpiPen, the 671% pay raise she's reaped as those costs rose, and the recently publicized fact that her dad is a US Senator , the initial answer may seem... More »

Sarah Jessica Parker to EpiPen Maker: I'm Out

Actress won't be spokeswoman anymore for Mylan because of steep price increases

(Newser) - As lawmakers deal with their own awkward situation related to the jacked-up costs of the EpiPen , a celebrity is taking her own stand. Sarah Jessica Parker—who Gizmodo notes has campaigned for anaphylaxis awareness for manufacturer Mylan in the name of her son, who has a severe peanut allergy—announced... More »

Raising Eyebrows: EpiPen CEO's Dad Is a Senator

Mylan's Heather Bresch is the daughter of Sen. Joe Manchin

(Newser) - Prior to the recent outrage at drugmaker Mylan for jacking the price of EpiPens into the stratosphere, it wasn't widely known that company CEO Heather Bresch, 47, was the daughter of Democratic Sen. Joe Manchin of West Virginia. That has changed in a big way, with major media outlets... More »

EpiPen Just Got Cheaper for Some

Caving to pressure, Mylan expands assistance programs

(Newser) - The public scolding of drugmaker Mylan over the soaring price of EpiPen seems to have worked: The company on Thursday didn't lower the price, but it made the allergy injections cheaper for many by expanding its assistance programs. Specifically, it doubled eligibility for relief to 400% of the poverty... More »

There's a Cheaper 'EpiPen,' but There's a Catch

Most people aren't trained on more-affordable Adrenaclick, which could lead to injuries

(Newser) - Not since Martin Shkreli has there been such outrage over the spiking costs of a life-saving device or drug. Mylan, the maker of the EpiPen, has bumped up costs by almost 500% over the past few years, and because the drugmaker enjoys a near-monopoly on the epinephrine-delivering device—the AP... More »

EpiPen Execs Got Huge Raises After Price Hikes

CEO Heather Bresch's pay went from $2M to $19M

(Newser) - Makers of the EpiPen gave themselves fat raises as they were jacking up the cost of the life-saving device, NBC News reports. Mylan CEO Heather Bresch saw her salary leap to $18.9 million from $2.4 million—a 671% increase—from 2007 to 2015. That was same period during... More »

Drugmaker Has Jacked EpiPen's Cost by Nearly 500%

Mylan is taking heat for now-expensive life-saving allergy device

(Newser) - It's the size of a marker and as common as Band-Aids in a school nurse's office. EpiPen, a device that delivers a dose of epinephrine that can stop an extreme allergic reaction, has been credited with saving the lives of children for whom a peanut or a bee... More »

Soaring EpiPen Prices Put the Allergic in a Dangerous Spot

Many are turning to syringes, which are cheaper but difficult to use safely

(Newser) - More and more people with severe allergies are foregoing life-saving EpiPens as prices skyrocket, Stat reports. Since 2004, the price of EpiPens has risen by 450%. According to WISC , they're $170 more expensive than they were just six months ago—figure about $600 for a two-pack. “They cost... More »

Woman Dies After Kissing Boyfriend Who Ate Peanut Butter Sandwich

Now her mom is speaking out

(Newser) - Four years ago, 20-year-old Myriam Ducre-Lemay died after kissing her boyfriend who had just eaten a peanut butter sandwich, CTV News reports. Now her mother, Micheline Ducre, is speaking out to keep the same thing from happening to anyone else's kids. After getting home from a party, Myriam's... More »

New Allergy-Drug Device Challenges EpiPen

Smaller Auvi-Q comes with neat bells and whistles

(Newser) - Looks like EpiPen is facing a little competition. With severe food allergies on the rise in America, a pair of food-allergic twin brothers have invented a rival medicine-injector they say is cooler and better-designed, the New York Times reports. Eric and Evan Edwards' new Auvi-Q is rectangular, smaller, and includes... More »

Rise in Food Allergies Means Big Business for EpiPen

Mylan lobbies to relax prescription rules for epinephrine injections

(Newser) - With severe food allergies on the rise in the United States, anaphylactic reactions are an increasing problem, especially at schools. But, in most states, school nurses risk losing their license if they give an epinephrine injection to a student who does not have a prescription—even though up to a... More »

As Kids' Allergies Soar, So Do Sales of EpiPens

Doctors prescribed nearly 2 million EpiPens in the US last year

(Newser) - Foods once thought of as wholesome—eggs, milk, wheat, peanut butter—now threaten the lives of some 3 million children with food allergies every year, MSNBC reports. As a result, US sales of EpiPens and their accessories are skyrocketing. These single-use shots of epinephrine can be self-administered and stop severe... More »

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