Top Internet of Things Daily & Weekly

Mylan CEO raises price of EpiPens over 400% in 9 years, is rewarded with 671% raise / Boing Boing

Mylan CEO raises price of EpiPens over 400% in 9 years, is rewarded with 671% raise

  • The head of the pharmaceutical company that makes EpiPens raised the price of the life-saving device by over 400%.
  • Mylan CEO raises price of EpiPens over 400% in 9 years, is rewarded with 671% raise
  • In 2007 the company bought the rights to EpiPen, a device used to provide emergency epinephrine to stop a potentially fatal allergic reaction and began raising its price.
  • Senator Chuck Grassley, chairman of the Senate Judiciary Committee, wrote Mylan Chief Executive Heather Bresch on Monday to ask how Mylan determined the price of EpiPens and what changes had been made to the product to account for the higher price.
  • Mylan Pharmaceuticals CEO Heather Bresch and other execs are under fire for spiking the price of the device from under $100 for a pair in 2007 to over $500 today.

Read the full article, click here.


@BoingBoing: “Mylan CEO raises price of EpiPens over 400% in 9 years, is rewarded with 671% raise”


The head of the pharmaceutical company that makes EpiPens raised the price of the life-saving device by over 400%. She was rewarded with a 671% raise.


Mylan CEO raises price of EpiPens over 400% in 9 years, is rewarded with 671% raise / Boing Boing

Comments are closed, but trackbacks and pingbacks are open.