4 ms·
I think you are misunderstanding "Market Exclusivity" vs. monopoly: Yes the EpiPen mechanism is patented, and people cannot knock it off directly - this is not
by dfsegoat 8y ago
I think you are misunderstanding "Market Exclusivity" vs. monopoly: Yes the EpiPen mechanism is patented, and people cannot knock it off directly - this is not a monopoly, because competitors have been allowed to create new designs for a long time. [1]
The fact that Auvi-Q, TwinJect and many other Epi-autoinjectors are allowed on the market as New Drug Applications (Non-generic) shows us that the FDA has allowed healthy competition from other Autoinjector designs -- they simply have not been as effective, safe or simple to use, leaving EpiPen as the standard.
1- https://www.fda.gov/drugs/developmentapprovalprocess/ucm079031.htm#What_is_the_difference_between_patents_a https://www.fda.gov/drugs/developmentapprovalprocess/ucm0790...
- maxerickson 8y agoYeah, thanks for telling me I misunderstand it. It's not an economic monopoly, but (at least in the case of the EpiPen) it's bad regulation with similar impact.