California Governor Calls Out Big Pharma On Price Gouging
On Friday, California governor Jerry Brown signed off on a new state law that would allow businesses such as restaurants and hotels as well as public agencies to keep epinephrine auto-injectors on hand for emergencies. It is a dream come true for Mylan, which has raised the price of its EpiPens from $50 to $300 each over the past eight years – while giving its CEO a hefty raise.
In a letter to the California State Assembly, Governor Brown wrote that “EpiPens have the potential to save the life of a person suffering from a severe allergic reaction.” Of course, Mylan was a sponsor of AB 1386, and has been sponsoring similar legislation across the country. Certainly, not out of any concern for suffering patients. If that had been the case, this corporate “person” would not have jacked… Read more…