CVS Launches A Rival Generic Version Of The EpiPen At A Much Cheaper Price

chris-zois
News Writer
01.12.17

Getty Image

On Thursday, CVS Health announced it would be selling a generic version of an EpiPen to combat rising prices in the pharmaceutical industry. CVS Health’s announcement comes as many have voiced their concerns over rising drug prices. Critics include Donald Trump and Bernie Sanders, who not-so-subtly compared drug companies to murderers.

As we’ve seen from Martin Shkreli (during his former Turing Pharmaceutical tenure), some companies don’t mind pumping up the price of drugs to make a profit. In August, Mylan Pharmaceuticals stoked controversy when it raised the price of its EpiPen from $56 to $365. The fallout was swift, as people criticized the pharmaceutical giant’s decision, which earnied them a sternly worded message from Hillary Clinton. Mylan heard those complaints and issued a cheaper EpiPen, albeit at a $300 price.

CVS is hoping to make buying an EpiPen less financially burdensome with a generic version of the Impax Laboratories EpiPen. The new two-pack will be priced at $109.99, which is a bit of a discount from Mylan’s option. USA Today notes how competition between retail pharmacies (particularly regarding the role of pharmacy benefit managers) may have contributed to the EpiPen’s uptick, but CVS looks to be working on improving the situation.

The discussion over rising drug prices has been an ongoing topic, but it has gained more traction recently with comments from Trump. He suggested that it’s time to change the industries’ patent monopolies, something Bernie Sanders actually agreed with.

(Via USA Today)

Author Profile Picture
Bike rider, Film connoisseur, Punk rocker, White Sox apologist, Wrestling aficionado

Around The Web

How Keeping Austin Weird Turned Into A Widespread Phenomenon

02.15.17 4 days ago 11 Comments

How Kevin Gates Went From Underground To Platinum In A Year And Changed The Game In The Process

02.02.17 2 weeks ago 6 Comments

Look For The Star: How Starter Jackets Became The Iconic Clothing Of The Early ’90s

01.31.17 3 weeks ago 9 Comments

‘Dream, Try, Do Good’: The Oral History Of ‘Boy Meets World’

01.31.17 3 weeks ago 6 Comments

How Frank Barsalona Created The Modern Rock Concert And Got Himself Into The Hall Of Fame

01.30.17 3 weeks ago

The Story Behind Gus Fring’s Stunningly Explosive Moment On ‘Breaking Bad’

and 01.30.17 3 weeks ago 5 Comments

How Toronto’s Boosie Fade Transformed From A Rap DJ Night Into A Digital Movement

01.12.17 1 month ago

Infiltrating The Bills Mafia To Find Out Why Fans Keep Supporting The NFL’s Most Hopeless Team

01.01.17 2 months ago 8 Comments

From Ray Charles To Jimi Hendrix: How Seattle Helped Create R&B And Rock And Roll

01.01.17 2 months ago 6 Comments

‘Stop Crying And Fight Your Father’: ‘Seinfeld’ Writers Tell How Festivus Came To Be

and 12.23.16 2 months ago 12 Comments

The Lasting Impact Of Adidas Tearaway Pants On Hip-Hop And A Hoops Generation

12.08.16 2 months ago 2 Comments

Understanding The History And The Motivations Behind The Standing Rock Protests

12.02.16 3 months ago 6 Comments

How Do We Combat The Intensifying War On Science?

and 11.30.16 3 months ago 30 Comments

Exploring The Intersection Of Hip-Hop And Social Justice

and 11.30.16 3 months ago

From Near ‘Simpsons’ Spinoff To A Check Against Hollywood Ridiculousness: Why ‘The Critic’ Still Matters

11.29.16 3 months ago 25 Comments

Willie Nelson’s Love Affair With Weed Made Him An Outlaw And A Country Music Revolutionary

11.22.16 3 months ago 2 Comments

How ‘Above The Rim’ Merged Streetball And Hip-Hop To Make A Cautionary Tale About Choices

and 11.18.16 3 months ago 6 Comments

The Story Of The Fugees’ Bitter Breakup And Unforgettable Legacy

11.10.16 3 months ago 13 Comments