YOUNGSTOWN, Ohio (WKBN) – The cost for EpiPens has increased 500% in just a few years, causing the drug maker Mylan to face a wave of criticism.
Mylan increased the price of the life-saving allergy medicine to $600 for a pack of two.
Ohio senator Sherrod Brown said too many drug companies skyrocket prices. Senator Brown told First News that there is a solution to the problem.
He said the government should negotiate drug prices directly with the companies in a similar way to the Veterans Affairs office.
“The cost of drugs for veterans is significantly less because the VA sits down at a table and negotiates price with the big drug companies because they have such economies of scale and such buying power, as government usually does because the size of our country and the use of EpiPens. This can save money significantly,” Brown said.
Brown said that it is outrageous that drug companies raise prices when they do not have competition.