chuckhoffmann Wrote:
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> Dtk3P Wrote:
> --------------------------------------------------
> -----
> > Do they have a monopoly on this drug? Can't
> > someone else produce a similar product and sell
> it
> > for 50 bucks?
>
> There's no monopoly on the drug: epinephrine is
> generic, and the amount of epinephrine an EpiPen
> delivers is worth about $1.00.
>
> What Mylan
does have is the right to
> market epinephrine auto-injectors that use U.S.
> patent 6,767,336, which makes the EpiPen easy
> enough to use that a minimally-trained person
> under a great deal of stress can use the device
> correctly, as improper injection of epinephrine
> can be ineffective or actually kill the patient.
>
> U.S. patent 6,767,336 will not expire until 2025.
>
>
> Mylan also has a dynamite marketing team, which
> has made sure that the EpiPen is pretty much
> synonymous with epinephrine auto-injectors. They
> even got Congress to pass a law so that schools
> will buy the devices.
>
> The problem has arisen because Mylan has increased
> the price of the devices from $57 in 2007 to over
> $300 each today to cover Mylan's increased
> marketing costs and profits at the same time that
> most health insurance deductibles have also
> increased, so insurance no longer covers as much
> or any of the price.
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