Hillary Calls Epipen Price Increase “Outrageous”, As Earnest Calls Mylan Greedy

As expected earlier, the staged political “outrage” at pharmaceutical price increases, a carbon-copy of events witnessed a year ago – which is ironic as everyone in Congress is very well aware why drug prices have been soaring over the past sevearl years – is unfolding before our eyes regarding the scapegoat du jour of the “greedy” pharmaceutical industry, in this case Epipen maker Mylan, where moments ago Hillary Clinton joined the fray, calling on the company to voluntarily drop the price of EpiPen, which has increased in price by 400 percent in the past decade. “That’s outrageous – and it’s just the latest troubling example of a company taking advantage of its consumers,” Clinton said in a statement. “It’s wrong when drug companies put profits ahead of patients, raising prices without justifying the value behind them.”
It is also wrong when banks and corporations donate millions to a “charity” to purchase future favors but let’s ignore that.

This post was published at Zero Hedge on Aug 24, 2016.