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@motonoggin   :snack:

 

15965806_645465992291613_482639990779046

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Back when this EpiPen controversy first erupted, those who study economic cycles and trends tried explaining that when entities participate in price gouging, it merely affords competing entities the opportunity to introduce alternative products for cheaper. We said such an alternative would come about as to remedy the perceived "problem," and it did. 

"Pharmaceutical giant CVS announced Thursdaythat it has partnered with Impax Laboratories to sell a generic epinephrine auto-injector for $109.99 for a two-pack—a dramatic cut from Mylan’s Epipen two-pack prices, which list for more than $600 as a brand name and $300 as a generic."

In other words, people were overreacting and need to learn to think long term. Let this serve as an educational example. Markets are generally self correcting. 
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Source:
http://arstechnica.com/science/2017/01/cvs-just-announced-a-super-cheap-generic-alternative-to-epipen/

 

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