Pricing the EpiPen This is Going to Sting
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Essay: Pricing the EpiPen EpiPen (autoinjector) is a life-saving device for those with life-threatening allergies. There are over 5 million people in the US with anaphylaxis, which can lead to severe symptoms like difficulty breathing or death. index The price of EpiPen has been stagnant for years, which has frustrated patients, healthcare providers, and drug manufacturers. check these guys out This article will explore why the pricing of EpiPen needs
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The EpiPen is an epinephrine auto-injector device (EpiPen, Inc. 2015). EpiPen is manufactured by EpiPen, Inc., which is a private firm located in Pennsylvania (EpiPen Inc, 2015). The company produces the EpiPen for its distributors. As far as price points for the EpiPen are concerned, the EpiPen sells for $600 (EpiPen Inc, 2016
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Pricing a life-saving drug, EpiPen®, has become the subject of heated debate between the FDA and pharmaceutical manufacturers, and between advocates and opponents of its use. The FDA is considering lowering the list price of EpiPen from $600 (for a one-dose supply) to around $200 for one-month supply, and $400 for six-month supply. The drug, manufactured by Allergan, costs about $660 per supply
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Title: Pricing the EpiPen This is Going to Sting Subtitle: A case study on price elasticity and pricing strategies for a branded product Paragraph 1: EpiPen (epinephrine auto-injector) is a branded product with an estimated 200,000 uses per day, making it the highest-use drug in the U.S. According to FDA (Food and Drug Administration) statistics (2015), in 2
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The cost of a life-saving device can be prohibitively expensive for some. While it might seem like a simple enough solution to make the EpiPen more affordable and widely available, the task is fraught with potential pitfalls that could end up costing more money for patients. The pricing and reimbursement models that govern healthcare tend to favor innovative technologies that are still in their early stages of development, not something that has been around for over a decade, which is the case of the EpiPen. Epi
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It’s a tough pill to swallow, the EpiPen price of $600 per kit, and that makes me a lot of money! But I’m glad to report it has gotten cheaper. The new version just went on sale for just $300 a kit. Now this would be a big price decrease, but I have some competition. I was recently featured in a case study by Health Affairs (for the “Top 10 Hospitals” report) and I’m surprised and excited that they singled out