Generic EpiPen: CVS Offers An Affordable Option To $600 EpiPen
CVS Pharmacy is selling a generic version of Mylan’s EpiPen at a sixth of its price. This news comes just months after the makers behind the life-saving allergy treatment was slammed by Congress for raising its prices.
CVS Health Corp. said they will offer $109.99 for a two-pack of the generic version of Adrenalick, a lesser-known version of EpiPen, which can cost consumers well over $600. In addition, the maker of Adrenalick, Impax Laboratories, offers a coupon program that can offer additional price breaks and incentives, if the patient qualifies for the discounts. The nation’s second-largest drugstore chain, according to SCNOW, said that the generic version is now available at all CVS stores across the country. The chain has 9,600 pharmacies in the U.S., including locations inside Target stores.
The major pharmacy retailer “recognized that there was an urgent need in the marketplace for a less expensive epinephrine auto-injector for patients with life-threatening allergies,” according to Helena Foulkes, President of CVS Pharmacy.
These treatments are often stocked by schools and parents of children who suffer from severe allergies. They are often used in emergencies to stop anaphylaxis, a potentially fatal allergic reaction to insect bites and stings and food allergies to nuts and eggs. Like the EpiPen, the syringes include the hormone epinephrine, and they expire after a year. The reason is to force patients to fill new prescriptions if they never used the old pens.
In addition, health insurance giant Cigna also announced that it will drop its coverage for Mylan’s EpiPens since CVS cut the price in charges for the generic version nearly in half.
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Generic EpiPen: CVS Offers An Affordable Option To $600 EpiPen is an article from: The Inquisitr News
