Wednesday, February 01, 2017

The Greatest Health Care System In The World

Capitalism never fails, it can only be failed.
Now a small Virginia company called Kaleo is joining their ranks. It makes an injector device that is suddenly in demand because of the nation’s epidemic use of opioids, a class of drugs that includes heavy painkillers and heroin.

Called Evzio, it is used to deliver naloxone, a life-saving antidote to overdoses of opioids. More than 33,000 people are believed to have died from such overdoses in 2015, and deaths soared at a record pace in 2016, including all over the Philadelphia area.

And as demand for Kaleo’s product has grown, the privately held firm has raised its twin-pack price to $4,500, from $690 in 2014.

Go say hi to Eric and Evan Edwards of Kaleo. Martin Shkreli needs some pals.