People are furious about the price of the EpiPen — here’s how much it’s increased in the last decade

People are furious about the price of the EpiPen — here’s how much it’s increased in the last decade

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There’s an uproar over the price of the anaphylaxis treatment EpiPen, with lawmakers and politicians including Democratic presidential nominee Hillary Clinton blasting the drug’s maker, Mylan Pharmaceuticals.

In light of the outrage, on Thursday, Mylan promised to cover up to $300 of the cost for a pack of two auto-injectors of the allergy treatment for some people. 

In 2007, when Mylan purchased Merck’s generic drugs unit, including the EpiPen, the treatment cost $93.88 for a set of two autoinjectors, according to Truven Health Analytics. After a series of price hikes in the following nine years, the life-saving drug now costs $608.61.

Here’s the path the EpiPen’s price has taken since Mylan acquired the rights to manufacture the drug:

epipen price under mylanAndy Kiersz/Business Insider

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SEE ALSO: The makers of the EpiPen just made a move to try and put an end to growing fury over the drug’s price

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August 25, 2016 at 01:58AM

J.R. Randall

J.R. Randall is an economist who resides in the Bay Area. He focuses his interest on range of economic topics. He has interest in deep sea fishing and art.