December 16, 2016

Mylan releases a half-price generic version of EpiPen

Source: Washington Post

Months after promised, Mylan has launched a half-price authorized generic of EpiPen, the lifesaving allergy injection that drew ire for its dramatic price increases.

A two-pack of the generic EpiPen will carry a list price of $300 and will reach pharmacies next week, the company announced Friday. In late August, Mylan said it would make the authorized generic, stating at the time that the drug would be available within “several weeks.”

Mylan chief executive Heather Bresch appeared before Congress in September to defend the price hikes of EpiPens. Since Mylan acquired the drug in 2007, the price has risen from less than $100 for a two-pack to more than $600. Sales of the drug have grown since then, from less than $200 million to nearly $1.7 billion last year, according to data from IMS Health.

Read more: https://www.washingtonpost.com/news/wonk/wp/2016/12/16/mylan-releases-a-half-priced-generic-version-of-epipen/?hpid=hp_rhp-more-top-stories_no-name%3Ahomepage%2Fstory&utm_term=.4d23469740e5

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It's hard to argue when you have a gun pressed to your head......

In 2007 it was two for $100 and now the 'generic' is two for $300

yeah it's down from two for $600, but they still have managed to triple the price over what it was 10 years ago.

Even allowing for inflation they are still screwing the public.

December 14, 2016

Offshore wind, which Trump fought in Scotland, is finally up and running in the U.S.

Source: Washington Post

The Block Island Wind Farm, a 30 megawatt (or 30 million-watt) installment off the Rhode Island coast, went into regular operation Monday marking the beginning of a bona fide new source of electricity in the United States. Although countries such as Britain and China have many of them, this is the first fully operational U.S. offshore wind-farm installment.

Deepwater Winds chief executive, Jeff Grybowski, said in an interview with The Post: Taking offshore wind from a theoretical thing to a reality is what Block Island has done. As the first project to cross the finish line, its really proven that offshore wind can be done in the United States. It has proven that the industry and Deepwater as a company can do what we say we can do.

He said that on an annual basis, the five turbines off Block Island should be able to produce enough electricity to power about 17,000 households. The company already is working on a 90-megawatt project, to be located off the east end of Long Island, that Grybowski said could be operational in about five years and would be the nations second offshore wind farm. Deepwater is also one of multiple companies that have proposed a project about 17 miles off the shore of Ocean City, Md.

Read more: https://www.washingtonpost.com/news/energy-environment/wp/2016/12/12/trump-fought-offshore-wind-in-scotland-now-the-u-s-has-its-first-farm-in-operation/?hpid=hp_regional-hp-cards_rhp-card-business%3Ahomepage%2Fcard&utm_term=.e0b50b34747a#comments

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Well there we go finally - an actual off shore wind power installation.

Hopefully those from both political parties (Cape Wind) won't stand in the way building more of these.

I think wind turbines look a whole lot better than burning fossil fuels.......

Burfman..............



FYI: Cape Wind: https://en.wikipedia.org/wiki/Cape_Wind#Controversy


An article by the NY Times on the Block Island Wind Farm: http://www.nytimes.com/2016/12/14/science/wind-power-block-island.html?&moduleDetail=section-news-0&action=click&contentCollection=Science&region=Footer&module=MoreInSection&version=WhatsNext&contentID=WhatsNext&pgtype=article