8-Day Blog Post: The EpiPen Scandal

CNBC has exposed Maylan Pharmaceuticals with the EpiPen for lying, price gouging, and conspiring with officials so they reap benefits without paying taxes. Over the past ten years the price of the patented EpiPen has skyrocketed to over $600, while the government only pays $50 a unit for the military. The controversy revealed could be stopped and regulated if the government paid closer attention and put in place better royalty rate measures so companies can't make as large of a profit over medical appliances. I used to have an EpiPen and it certainly did not cost $600.