Monopoly Pricing Drives Drug Costs Through the Roof
Mylan famously caused a scandal when they increased the price of EpiPen by 450 percent between 2004 and 2016 (adjusted for inflation) while the epinephrine in an EpiPen cost only around a dollar a shot. As the only legal supplier of EpiPen, Mylan could charge the public whatever they wanted. Pharmaceuticals made in the US […]
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