Epipen CEO is Senators daughter that raised price from $100 to $600

[RolloTheGreat]

Yikes, where to start.

First off, real quick- Steel- you know that Oreos are generic? Hydrox are the original. In this instance we are dealing with highly specific chemistry, not culinary tweaking, generic medications should be just as effective as the name brands. 

Second point which it seems both sides are kind of missing in this discussion. This is not a 'capitalism' discussion. Capitalism is about making money- the particulars of this case are all about increasing stock valuations- it is an issue of corporatism. 

To that point, you all are on the wrong sides on your arguments here. See the problem in this particular case is that the US Government has handed Mylan the exclusive 'rights' for their Epipen solution. Because the government will only pay for Mylan's offering- the generic offerings are rarely stocked by pharmacies. In this particular instance we are now discussing the government forcing airlines to buy bulk quantities of this product all of which *must* be purchased from Mylan *instead* of its' lower priced competitors. 

Now the fact that the CEO's father *is* a US Senator(Democrat) and the government's procedures are exactly what put the market into the position it is in, I'm kind of curious of what this has to do with capitalism?

This is an issue of government manipulation and corporatism- period.

This doesn't make sense. We're still primarily private insured, and HMOs strongly encourage generics. (by taking name brand off their covered list, much higher copays for name brand)

You'd think the high price, consumer demand, and insurance steering would make generic epipens stocked in every pharmacy.

Government manipulation of markets is reprehensible.

So Ben, will you be joining me in Switzerland when the people here decide we're evil incarnate for wanting a good lifestyle?