Senators question Kaleo over pricey opioid overdose device

In a letter signed by 30 U.S. senators, Sen. Claire McCaskill (D-Missouri) asked Kaleo Pharmaceutical to explain the 550% price hike for its Evzio opioid overdose device. The company’s product, which Kaleo sold for $690 in 2014, is priced at $4,500.

Evzio is a naloxone auto-injector designed to reverse the effects of an opioid overdose. It can be used in emergencies by people without formal medical training. At least 91 Americans die from an opioid overdose every day, according to the Centers for Disease Control and Prevention.

Get the full story at our sister site, Drug Delivery Business News.

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