4 ms·
Just saw more Epipen Congressional testimony. The actual unit cost of the Epipen (whether branded or "generic") is around $67 USD. Assuming that this cost were
by a-no-n 10y ago
Just saw more Epipen Congressional testimony. The actual unit cost of the Epipen (whether branded or "generic") is around $67 USD. Assuming that this cost were not overly inflated beyond actual overhead and unit costs, in order to be sustainable, a reasonable retail price without distributors would be $134 USD... with distributors $200-238.
That said, the more downward pressure from competitors (commercial or nonprofit projects), the better for customers; especially where a monopoly existed, it's rational to for customers to band together and attack excessive hegemony.
Enteprising folks need to jump on this to sell this as a kit (w/ or w/o the medication).
- chillacy 10y ago> Enteprising folks need to jump on this to sell this as a kit (w/ or w/o the medication). Unfortunately, that's a real great way to get shut down by the FDA. Medical devices are after all subject to regulation. Others have tried making their own epipens too, but they all keep running into the slow approval process and unfavorable laws protecting Epipen: http://www.washingtonexaminer.com/fda-partly-to-blame-in-epipen-price-debacle/article/2600315 http://www.washingtonexaminer.com/fda-partly-to-blame-in-epi... Also as we know from value based pricing, things aren't priced based on unit costs (otherwise all software should be essentially free, and the software industry is the greediest industry on earth), but rather what customers will pay. And when there are no alternatives, you get to set the price.
- deleted 10y ago[deleted]