Democratic Senator Joe Manchin's greatest fear just came true. His daughter's drug company sells EpiPens and over the years Manchin and his wife have helped peddle the high-priced drug injector.
Indeed, as a state senator, Manchin leaned on Mylan founder and CEO Milan Puskar to hire his daughter, Heather Bresch right out of college.
As governor, he appointed her friend, Michael Garrison, as WVU president. Garrison arranged for Bresch to get an MBA. That fake degree allowed Bresch to qualify as chief operations officer when Puskar sold Mylan to a German firm.
Bresch is now CEO. The company is now incorporated in the Netherlands, not the USA.
Her mother -- Joe Manchin's wife -- Gayle Manchin hawked EpiPens as president of the National Association of School Boards. Thousands of schools bought one in a promotional deal.
In their 2010 race for the Senate, Republican John Raese said there were two Manchins -- Charleston Joe and Washington Joe.
Wrong. There is only one now: EpiPen Joe.
But now CVS pharmacy has hit the Family Manchin in the wallet.
From the Associated Press:
CVS is now selling a rival, generic version of Mylan's EpiPen at about a sixth of its price, just months after the maker of the life-saving allergy treatment was eviscerated before Congress because of its soaring cost to consumers.
The drugstore chain says it will charge $109.99 for a two-pack of the authorized generic version of Adrenaclick, a lesser-known treatment compared to EpiPen, which can cost more than $600.
CVS Health Corp., the nation's second-largest drugstore chain, says it cut the price it charges for the generic version of Adrenaclick nearly in half. The lower price is now available at all CVS stores. The chain runs about 9,600 retail pharmacies in the United States, including several locations inside Target stores.
These treatments are stocked by schools and parents of children with severe allergies. They are used in emergencies to stop anaphylaxis, the potentially fatal allergic reactions to insect bites and stings and foods like nuts and eggs.
The syringes are filled with the hormone epinephrine, and they expire after a year. That often forces patients to fill new prescriptions even if they never used the old one.
Mylan NV started taking heat late last summer for its EpiPen pricing, which has climbed more than 500 percent since 2007. A Congressional panel grilled CEO Heather Bresch in September about the soaring cost, which she has blamed in part on insurers, pharmacy benefits managers and other middlemen that stand between the drugmaker and the customer.
Bresch is one of several pharmaceutical executives who have been called to Congress, where both Republicans and Democrats have demanded explanations for spiraling drug prices, which can plunge patients into debt or force them to skip prescriptions.
President-elect Donald Trump said Wednesday during a press conference that he wants to create new bidding procedures on drugs to save money.If Democrats take back the Senate in 2018, look for a congressional investigation into CVS.
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