Monitor pharmaceutical companies taking advantage of the huge demand for their products by hiking prices steeply, of which, the needy patient can do nothing at all, but still buy. A matter of life and death. Not only Epipen.
Mylan [fortune-stock symbol=”myl”] has been in the hot seat since reports of its extravagant price hikes for the EpiPen, a device which millions of Americans, including 1 in 13 children, rely on as a life-saving backstop, emerged last month.
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Several members of Congress have been demanding more information from the generic drug giant about its pricing practices since the EpiPen scandal broke. Some, including Minnesota Sen. Amy Klobuchar, have even called for Federal Trade Commission (FTC) investigations into the company.
The U.S. House Committee on Oversight and Government Reform specifically asked for more detailed information about Mylan’s pricing habits, including discounts given to patients, at the end of August. The firm was asked to submit the documentation by the…
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