Mylan may have finally caved and offered to put out a cheaper version of the EpiPen for half the price of the now $600 device — but that doesn’t seem to have made parents of allergy-stricken children happier. Click here to see angry reacts to the, still, expensive life-saving product.
Mylan has tried to get back in the good graces of the parents of children with allergies by announcing on Aug. 29 they would be offering a generic version of the EpiPen, which would be identical to the brand-name product, but sold at the wholesale price of $300 for a pack of two, according to USA Today. That’s half the cost of the current EpiPen, whose price recently skyrocketed, making a LOT of people VERY angry, as the device is extremely necessary for those with severe allergic reactions. And who can blame them? The lives of vulnerable children are some of those most at stake!
The company announced last week that they were trying their best to create financial assistance for the brand-name EpiPen, for both insured and uninsured patients. But, that news did pretty much nothing to make people happy, as the new price of the EpiPen was left at $600. So, it looks like Mylan was hoping their latest attempt to manage the backlash, by selling the very same device at two different prices, would finally make the public happy. It didn’t. In fact, parents, celebrities and political figures were all angry enough to take to Twitter to let out their frustration once more.
Mylan boosts price of Epi Pen by 600% then claims to slash price by cutting price by 50% leaving a 300% price hike.
— C. Michael Gibson MD (@CMichaelGibson) August 29, 2016
if Mylan can make a second option cheaper then the first one they ARE Ripping us off. Cant anyone see this? https://t.co/NyZHWbH0uF
— Joseph (@MyyHandyman) August 30, 2016
#Mylan should be investigated as a monopoly and for RICO violations, and price gouging at the expense of children
— David Johnson (@davjoh50) August 30, 2016
Mylan selling EpiPen for $300 is like an extortionist agreeing to halve its price. The problem is Mylan's monopoly power to set prices.
— Robert Reich (@RBReich) August 30, 2016
I want to have a short phone conversation with the CEO of Mylan really bad…
— Hank Green (@hankgreen) August 29, 2016
Political figures, like Senator Elizabeth Warren and Senator Bernie Sanders are also up in arms about the attempt by Mylan to quell the backlash through the generic version.
Mylan’s expanded patient assistance programs are an industry game to keep EpiPen costs high for insurance companies, the gov & employers.
— Elizabeth Warren (@SenWarren) August 30, 2016
Mylan's EpiPen discount program is a well-defined industry tactic to keep costs high through a complex shell game. https://t.co/YsL8vLT97I
— Bernie Sanders (@SenSanders) August 30, 2016
We totally understand why people, especially parents of children with allergies are still so upset, as shelling out $300 for just two EXTREMELY necessary, life-saving devices for your child is not something everyone is capable of doing. But it is something they will have to do, if they are going to keep the health of their child their top priority. And we know every parent has their child at the forefront of their mind. We just wish that the parents of children with allergies didn’t have to worry about how they are going to be able to pay for medication that is necessary to keeping their child alive. How terrifying.
HollywoodLifers, let us know how you feel about the generic version of the EpiPen, and its lower price, below!