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Overdose Reversing Drug Price Up 600% To $4,000

November 26, 2018 by ATForum

“Ohio Senator Rob Portman is calling out a drug company after they raised their prices 600 percent on an overdose reversing drug.

The drug is called Evzio and it will now cost $4,000. It’s a Naloxone product similar to Narcan but Evzio gives the user verbal instructions on how to use it.

Portman chaired a sub-committee investigating the opioid crisis and in the committee’s report, Portman estimated the state lost $142 million in taxpayer money because of the company raising their prices.

“It costs pennies to make this, it costs them a few bucks to make it and they’re charging $4,000,” said Hamilton County Heroin Coalition member and Newtown Police Chief Tom Synan.

Synan, who is a major player in fighting the opioid epidemic in Hamilton County, says Evzio is the only life-saving product that has jumped in price and the Virginia-based drug company that sells it is manipulating the system.”

Read more at: https://www.fox19.com/2018/11/21/overdose-reversing-drug-price-up/

Source: Fox19.com – November 21, 2018

Filed Under: 2018, News Updates

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