Sen. Blumenthal’s price gouging bill could impact EpiPen prices

Posted: Updated:
STAMFORD -

Sen. Richard Blumenthal is proposing a bill that could put a stop to big price spikes for EpiPens.

Within the last few years, EpiPens have gone from under $100 to almost $700, on average.

Sen. Blumenthal plans to introduce price gouging legislation that would enforce a special FDA review any time a drug's price increases 10 percent in one year. State lawmakers passed a similar law this year that requires drug makers to have to justify price hikes above 20 percent.

"They would first review, then request, but ultimately go to court ­– if necessary – to stop the price increase," Sen. Blumenthal says.

Allergists say EpiPens have had only minor changes over the past few years and say it's time for a change.

"Other countries are able to manage the costs much better than we can here in the United States," says allergist Dr. Leslie Coleman. "I think there has to be more oversight along the lines of what Sen. Blumenthal wants to do."

The senator says he plans to introduce the bill next month.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."