“A drug company is offering a significantly cheaper version of its life-saving opioid overdose treatment after a Senate investigation found that it spiked the price of its drug.
A report from the Senate’s Permanent Subcommittee on Investigations last month found that the company, Kaléo, hiked the price of its drug Evzio to $4,100 for two injectors, raising the price by more than 600 percent between 2014 and 2017.
After this scrutiny, the company on Wednesday announced that it will offer a cheaper generic version of the drug for $178 for two injections.”
Read more at: https://thehill.com/policy/healthcare/420971-drug-company-to-offer-cheaper-opioid-overdose-treatment-after-hiking-price
Source: TheHill.com – December 12, 2018