Food Allergies and the Pharmacy

Dealing with food allergies and how your pharmacy can help.

Tag: mylan

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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