Even liberals are furious at Hillary Clinton this week after the heat of a pharmaceutical company that partnered up with the Clinton Foundation has increased the price of a life saving drug.
Spencer Williamson, President and CEO of Kaleo Pharmaceuticals, has raised the price of the two-pack of Evzio which is a device that non-medical professionals can use to treat serious life-threatening overdoses of opioid related drugs. The Free Beacon reported that Williamson has increased the price by a whopping 680% over the course of three years.
Thirty-one Democratic senators have now come together to write a letter demanding answers from Williamson about the price hike.
“We are deeply concerned about reports that Kaleo dramatically increased the cost of its naloxone injector device, Evzio, an FDA approved medication used for the emergency treatment of an opioid overdoes – from $690 for a two pack in 2014 to $4,500 today,” the letter sent from the senators to Williamson read. “This drug is now in the hands of first responders and families struggling with substance use disorder across the country. It is particularly needed in rural areas where access to life-saving emergency services can be limited. Such a steep rise in the cost of this drug threatens to price-out families and communities that depend on naloxone to save lives.”
The senators went on to demand Williamson release details about the pricing structure of Evzio and provide documentation as to why the company changed it’s pricing structure. They want to see the total amount that Evzio has received in reimbursements over the last 12 months, among other demands.
Williamson had previously worked with Clinton to try to make the drug more affordable. He partnered up with the Clinton Foundation in January of 2015, making the announcement at the fourth annual Health Matters Activation Summit.
“Spencer Williamson, CEO of Kaleo, announced an agreement with the Kaleo pharmaceutical company to make EVZIO® (naloxone HCl injection) Auto-injector, an emergency treatment for opioid overdose, available at a bulk discount to colleges and universities, public safety organizations and community organizers,” read the Clinton Foundation press release. “This agreement is a part of CHMI’s efforts to ensure that there is a predictable and affordable supply of Naloxone, a life-saving opioid suppressant that can reverse opioid caused overdoses.”
H/T Truth Monitor
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