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
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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/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.