Pricing the EpiPen This is Going to Sting Thomas Steenburgh 2016
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EpiPen (auto-injector) is used to manage life-threatening allergic reactions. It’s not just an auto-injector, it’s a high-tech device that contains a vial of adrenaline, a chemical that stimulates the body’s natural defenses, typically an epinephrine (Epi) injection. In 1999, Epi was introduced to the market, and since then, it has become the standard in the management of anaphylaxis
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“My daughter Alex had a severe allergic reaction to EpiPen, the Epipen brand is only available in the United States, because it is patented by Insys Therapeutics and there is a monopoly on it. So, Alex had to go to Germany, in order to obtain an Epipen.” But I could tell that it wasn’t going to be a simple story. Section: Background The EpiPen is an auto-injector, that is prescribed to patients with severe allergic re
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Pricing the EpiPen This is Going to Sting Thomas Steenburgh 2016 (3-5 sentences) The EpiPen has transformed the field of allergy management, but it has a high price point that may limit its market success. This essay explains the reasons for the high price, including the cost of manufacturing, government regulation, and distribution, and the potential market for EpiPen. imp source Section 1: Economics I explain the basic economics principles that govern pricing, including the compet
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In my article about the “epinephrine auto-injector” (EpiPen), I did not discuss pricing at all. This is a problem that is not mentioned in most, if any, medical studies, even though it should be of interest. That is because pricing and access to healthcare are two topics that are closely related, as illustrated by the recent experience with the EpiPen. our website Pricing and Access to Healthcare Pricing is a topic that is closely related to Access to Healthcare. Access to healthcare,
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In this era of e-commerce and the internet, health care is one industry that hasn’t fully embraced these digital age trends. The health care industry has remained untouched by e-commerce and digital marketing, and this has hindered accessibility to affordable and quality healthcare services. However, this is all about to change, and soon, with innovative strategies being used across the board, health care will start to embrace these digital trends and adapt to the challenges. Case Study: EpiPen
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Pricing the EpiPen is a difficult question for healthcare reformers, and for patients too. It’s a question that healthcare professionals need answers to but often avoid the debate. The healthcare industry needs to know prices for all the drugs they sell to insurers and payers in order to manage a fair and reasonable cost of treatment. The insurance companies that pay these premiums need to know pricing information in order to choose what drugs to cover and how they can control the prices of these expensive medications. The pharmaceutical
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When it comes to pricing, some companies seem to know what they are doing, and others seem clueless. In my opinion, EpiPen pricing is one such example. This EpiPen pricing is stinging to many who are suffering from EpiPen allergies. However, I have to admit that the current EpiPen pricing is a little out of the ordinary for a product that many people use. EpiPen, Inc. Was founded by Richard Stiennon in 1988. E