r/news Jan 14 '22 Silver 19 Gold 1 Helpful 19 Wholesome 18 Evil Cackle 3

Shkreli ordered to return $64M, is barred from drug industry

https://apnews.com/article/martin-shkreli-daraprim-profits-fb77aee9ed155f9a74204cfb13fc1130
54.9k Upvotes

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13.9k

u/Gingorthedestroyer Jan 14 '22 Silver Gold Helpful Take My Energy Starry

Let’s do insulin producers now.

953

u/omgburritos Jan 14 '22 edited Jan 14 '22

Joe Manchin's daughter

Edit: EpiPen, not insulin. But still...

271

u/IHeartBadCode Jan 14 '22

Interesting thing about EpiPen is that eventually generics and alternative forms got made. Around 2018 EpiPen was about 90% the market, today it’s about 10%.

That said, the makers of EpiPen are also the makers of one of the generics. I’m currently using one of the generics made by someone else Auvi-Q. There’s also one done by CVS. That said, the cash price of generics is still pretty high.

For mine, there’s a website you can go to that you sign up for and it takes about $200 off the price, so I pay about $25 per year for the medication. And that’s a similar situation for a lot of the other generics. Hoops one must jump through to get more affordable prices. I’ll never understand why they must have these hoops one must jump through. But we have at the very least gone from one maker to like three, so there’s a bit of hope that it’s changing somewhat.

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u/wiggins-ender Jan 14 '22

Having hoops to jump through makes it more likely that people with the means to just pay will do so rather than jump through said hoops.

Super shitty antics.

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u/TheFAPnetwork Jan 14 '22

I take an injection for psoriasis. My copay was $3,000 with insurance. I was given a phone number to call where I get a break in the price so I only pay $5.00 . The fact that I had to go through three separate people to get where I needed to is bonkers.

I've seen the medication as high as $19,000.00

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u/LetMeBe_Frank Jan 15 '22

Humera? And does it work for you? (might be completely misremembering the option)

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u/TheFAPnetwork Jan 15 '22

Stelara, works works wonders

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u/LetMeBe_Frank Jan 15 '22

Thanks. Looks similar to me. I tried otezla pills but the upset stomach and risk of suicidal depression had me spooked after a month. Clobetasol foam works to reduce it if I remember to apply twice daily, but it's annoying to do the same thing for years and only ever reduce patches, never stop them

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u/TheFAPnetwork Jan 15 '22

Humera didn't work for me. The amount of injections needed to get rid of the psoriasis was too much and it didn't work for me.

I got stelara and do an injection every twelve weeks

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u/LookingintheAbyss Jan 14 '22

And if you don't have time to hunt for hoops, you get to pay the full price.

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u/Artanthos Jan 14 '22

The hoops are about tax deductions for the company.

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u/[deleted] Jan 14 '22

[removed] — view removed comment

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u/scrangos Jan 14 '22

Still causes a non-zero amount of people that need it to not have it or ration it

1

u/[deleted] Jan 14 '22

they aren't doing it for the uninsured individuals.

0

u/coggas Jan 14 '22

Hoops exist to create exploitable margins for the purpose of profit.

3

u/NAmember81 Jan 15 '22

My mom is in that group. CVS always claims her insurance doesn’t cover this or that and she’ll just fork over $80 rather than jump through hoops.

Once I had her pick up my prescriptions and she spent over $100 even though it’s always free. The pharmacy claimed that my insurance wasn’t going through and she’s just like “whatever.. how much..?” and pays and leaves. Lol

And what irritated me the most is that she paid around $50 for the generic Flonase script with the crappy spray mechanism when she could’ve gotten 2 name brand OTC Flonase bottles with the good spray mechanism for that money.

12

u/Dr_Nik Jan 14 '22

Look at Mr Fancy here using non-expired medication.

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u/morbie5 Jan 14 '22

From what I understand the generic EpiPen still cost more now than the original EpiPen cost before Joe Manchin's daughter raised the price.

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u/fuckitw3ball Jan 14 '22

AuviQ was great until they got sued into oblivion for putting the wrong doses in their delivery devices.

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u/BikerJedi Jan 14 '22

I hope more people see this.

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u/Jed1m1ndtr1cks Jan 14 '22

I love the nuances of language. "That said," is something you've probably never thought about that you repeat often. Mine is "I'd like to think," as an employee once pointed out after I'd used it in 3-4 consecutive sentences.

Anyways, just something I noticed, not meant as a dig or slight. Cheers!

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u/Burningshroom Jan 15 '22

You guys wouldn't believe the cost of epi for research. I do the math every once in a while. It comes out to 0.2¢ per human dose if I remember right.

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u/Qaz_ Jan 14 '22

Kaleo (who make Auvi-Q) are no saints as well. Their autoinjector is also expensive as hell, and probably didn't get as much attention because they're a smaller company and didn't raise the prices while having a contract to have autoinjectors sold to schools. Good to see that they have made generics, but $600 for 1 of their injectors is insane.

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u/IHeartBadCode Jan 14 '22

Good to see that they have made generics, but $600 for 1 of their injectors is insane.

Yeah, $600 for a single year is the direct cash in hand price. Yeah it's really expensive if you pay that price. That said, anyone making $100,000/yr AGI or less qualifies for that whole thing I mentioned where they yank $200 off the price (per shot, so $400 if you buy the kit). Additionally, if you get it not directly from them but a supplier, they buy in bulk, you usually can get another $150-$170 off the price.

I pay about $25 a year for the medication cash in hand from a supplier in Colorado. If I were to go through insurance it'd be way more than that. It's crazy that in order to get it cheaply you have to go through so many hoops.

Kaleo (who make Auvi-Q) are no saints as well

Yeah. No disagreement there.

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u/ouaisjeparlechinois Jan 14 '22

If I were to go through insurance it'd be way more than that.

I pay the same price and my understanding, as their website says, is that all commercially insured patients buy Auvi Q for $25 or less. I have insurance and I buy it for $25 for two of the cartridges.

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u/ouaisjeparlechinois Jan 14 '22

Good to see that they have made generics, but $600 for 1 of their injectors is insane.

I don't think anyone actually pays that much? If you have insurance, you pay $25 as I did. If you don't and you're poor, you get them for free (like I did when I first started using it).

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u/ifweweresharks Jan 15 '22

Not everyone has good insurance

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u/ouaisjeparlechinois Jan 15 '22 edited Jan 15 '22

It's not about if you have good insurance. If you have insurance, you can buy it for 25$

Edit: I realize having insurance is expensive but with Obamacare, it's cheaper to have insurance than not have it

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u/creepyforestguy Jan 14 '22

Yall pay for medication?

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u/cire1184 Jan 14 '22

This is America

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u/creepyforestguy Jan 15 '22

Feel terrible for it

1

u/Windmillskillbirds Jan 14 '22

Whats the website you go through?