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First recorded activity by BoatBanter: Jul 2007
Posts: 36,387
Default Dear EpiPen Customers . . .

On Sun, 28 Aug 2016 08:33:11 -0400, Keyser Soze
wrote:

On 8/27/16 9:52 PM, Tim wrote:
Actually I hope this inspires competition.



Ahhh...that old American dream...the "free market" and "competition."

One of my neighbors is diabetic and earlier this week when the Epipen
scandal broke, he mentioned that two insulin products he has used,
Novolog something or other and Humalog something or other, from two
competing manufacturers, had "list prices" of around $1100 for a one
month supply. He pays less because of his insurance, but he still pays a
lot. No competition in price. It's the American way for many products.
Competition is not the answer.

I doubt the Epipens cost more than $2 or $3 to manufacture, including
the drug and the injector. I read a report that in Canada, a Canadian in
need of an Epipen pays about $12.


Yeah those price gouging democrats.
This is not the "free market" it is a government imposed monopoly.
There are competitors out there but they are hung up in the FDA
process, something the Canadians are not burdened with in Canada where
there are other products on the market.
 
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