4 ms·
This market is not free at all. There is a reason that Mylan has been the only company offering this product. The FDA has been slow to approve additional device
by sseveran 9y ago
This market is not free at all. There is a reason that Mylan has been the only company offering this product. The FDA has been slow to approve additional devices in this market. Mylan also created this market by lobbying congress to give money to schools to stock them with EpiPen's. When Mylan was testifying before congress the gentleman from the FDA refused to give any insight as to when additional manufactures might be given permission to manufacture competitors or provide any insight into the delay.
http://www.npr.org/sections/health-shots/2016/09/01/492235796/fda-fees-on-industry-havent-fixed-delays-in-generic-drug-approvals http://www.npr.org/sections/health-shots/2016/09/01/49223579...
https://www.fda.gov/NewsEvents/Testimony/ucm521839.htm https://www.fda.gov/NewsEvents/Testimony/ucm521839.htm