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

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

https://apnews.com/article/martin-shkreli-daraprim-profits-fb77aee9ed155f9a74204cfb13fc1130
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u/omgburritos Jan 14 '22 edited Jan 14 '22

Joe Manchin's daughter

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

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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/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/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