U.S. Senator Tammy Duckworth, along with colleague Dick Durbin, is seeing red after another pharmaceutical company dramatically increased the price of a life saving medication. The two Senators from Illinois teamed up with 29 other Senators to demand answers from Kaléo Pharmaceuticals for massive price hikes for an easy to use injector device that contains opioid overdose drug Naloxone and the injector device Evzio The price has surged from $690 in 2014 to $4,500 now. Duckworth says in many price gouging cases, the companies are pharmaceutical in name only.
You may not have to worry about opioid addiciton, but Duckworth says you're impacted by the price surges regardless.
The 31 Senators say the price hike threatens to price-out families and communities that depend on Naloxone to save lives.