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EpiPen Price Hike Has Parents of Kids With Allergies Scrambling Ahead of School Year

Following a recall by Mylan's chief competitor last year, the company now enjoys a near monopoly

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    EpiPen Price Hike Has Parents of Kids With Allergies Scrambling Ahead of School Year
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    EpiPens see price spike.

    Doctors and patients say the pharmaceutical company Mylan has increased the prices for an EpiPen — the portable device that can stop a potentially life-threatening allergic reaction — from around $100 in 2008 to $500 or more today, NBC News reports.

    Following a recall by Mylan's chief competitor last year, the company now enjoys a near monopoly.

    EpiPens have a stated expiration date of one year, meaning there is an additional co-pay to refill them annually.

    In a statement, Mylan said that the prices have "changed over time to better reflect important product features and the value the product provides."

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    [NATL] Sanders Argues With Reporters Over Latest Fake News Tirade

    White House deputy press secretary Sarah Huckabee Sanders displayed the administrations's antagonism against the media in heated exchanges with members of the White House press corp during the daily press briefing on Tuesday, June 27, 2017. Sanders pointed to a retracted CNN story as basis of the White House's "frustration" and skepticism with ongoing coverage, while one reporter accused the White House of "inflammatory rhetoric."

    (Published 4 hours ago)

    Vermont Sen. Bernie Sanders said "there's no reason an EpiPen, which costs Mylan just a few dollars to make, should cost families more than $600. The only explanation for Mylan raising the price by six times since 2009 is that the company values profits more than the lives of millions of Americans."