Martin Dyckman: EpiPen debacle demonstrates need for price controls
“Your money or your life,” a laugh line for the great comedian Jack Benny, must be the business model of the American pharmaceutical industry. It’s time for a serious national discussion on establishing price controls over Big Pharma. The latest provocation is the staggering increase in the price of the EpiPen, a necessity for people with life-threatening food and bee-sting allergies. The two-dose pack that cost about $100 in 2007 is priced at around $600 now. A different company sells…
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