Food Allergies and the Pharmacy

Dealing with food allergies and how your pharmacy can help.

Tag: epigate

How “EPIGATE” opened the door for more Big Pharma scrutiny

I should have posted this a while ago but became side tracked with my Food Free Trunk or Treat events.  I still feel it is pertinent although a bit late; the level of sarcasm is strong with this one…

As we know, Mylan has agreed to pay $465 Million as part of a Department of Justice Settlement for wrongly classifying EpiPen as a generic product.  The generic classification allowed the company to pay substantially less in Medicare/Medicaid rebates:  “Drugmakers are required by law to pay rebates for sales to patients insured by Medicaid, which is funded jointly by states and the federal government. By classifying EpiPen as a generic, Mylan paid a smaller rebate of 13%, or about $163 million, when it should have been paying a 23% or higher rebate for brand-name drugs, Mr. Slavitt wrote” as noted in the WSJ.   It’s too bad the average American consumer isn’t privy to those lucrative rebates–but I digress.

Senator Amy Klobuchar (D.-Minn.) described the mis-classification as an “outrage.”  And yes, we should be outraged…but not solely at Mylan.

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The REAL epinephrine “monopoly”

Why does EpiPen not have a market competitor?  The answer in one acronym:  the FDA.

And the insanity surrounding EpiPen continues to make my head spin.

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#EPIGATE

#EPIGATE has taken the media and the allergy community by storm over the last week. Heather Bresch, CEO of Mylan, discussed the “broken system” on CNBC yesterday. We all know that the price of EpiPen is outrageous. But why? Is it all Mylan’s fault?

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