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Legal and ethic implications of mylan price raising

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Reference no: EM133152998

The EpiPen is a potentially life-saving device for those with severe allergies or asthma. The problem is that it costs $600 in the US.

Mylan, maker of the EpiPen, raised the device's price 300% in seven years, mostly because it could.

Now, a collective of doctors called Four Thieves Vinegar is offering a free online guide on how to make an "EpiPencil" for just $30-5% of the price Mylan charges for its patented pens.

https://www.thedailybeast.com/articles/2016/09/22/please-do-not-hack-your-own-epipen.html

https://www.youtube.com/watch?v=LIYbz0ZdHUw

-Please discuss about the legal and ethic implications of Mylan's price raising of EpiPen and "EpiPencil" opensource solution from Four Thieves Vinegar

-If you are CEO of Mylan, how do you justify the price raising of EpiPen to the public?

-What could be the potential problems for consumers who use "EpiPencil" to replace EpiPen?

Reference no: EM133152998

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