Who are the executives making fat bonuses by putting allergic kids' lives at such risk? http://www.wkyt.com/content/news/Cost-of-EpiPen-continues-to-rise--390412751.html …pic.twitter.com/J5P3PMNxzy
Complex systems, wicked problems. Society, technology, science and more. @UNC professor. @NYTimes columnist. My newsletter is @insight: http://www.theinsight.org
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Who are the executives making fat bonuses by putting allergic kids' lives at such risk? http://www.wkyt.com/content/news/Cost-of-EpiPen-continues-to-rise--390412751.html …pic.twitter.com/J5P3PMNxzy
Who are the regulators who created an environment with so little competition?
Good question, especially since the intellectual property here goes back to tax-payer funded public work, as it often does. Classic.
Is this particular case an IP issue? It's not clear from your link.
Epipen goes back to gov-developed tech, take windfall, turn into marketing. 6X increase in price on already massive profit. ugh
You think their current pricing power is that strong just due to marketing though? Seems unlikely.
Combined. Lack of competition, partially driven by marketing. Long history but—Epipen is basically eponymous for this product.
Lot of eponymous products in the world. But very rare to see 6X pricing power.
"How much is your kid's life worth" logic; plus prescription-only and marketing is to doctors/pharmacies. Hope backlash will impact.
It's not something a regular family is going to question. Literally risking instant death for child. 2- minute window.
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