Cheaper EpiPen Alternative Made by Minnesota Doctor
When the price of the EpiPen emergency allergy treatment was hiked to $600 recently, it kicked off search for cheaper Epinephrine alternatives. A doctor in Minnesota thinks he has one.
Dr. Douglas McMahon from the Allergy and Asthma Center of Minnesota in Eagan, MN suffers from sever food allergies himself. That forced him to be sure he has quick access to Epinephrine. But, he found the EpiPen too cumbersome so he created a a new device.
“By chance I came to realize how inexpensive the parts were, including the medicine, and I realized we can sell it to patients for a very reasonable cost,” McMahon told Minneapolis TV station WCCO.
McMahon's device, called AllergyStop, is a palm-sized epinephrine injection device priced around $50. Currently it's in the early stages of being brought to market. Further testing is required that will cost about two million dollars. Along with seeking a manufacturer for the device McMahon started an Indigogo campaign to raise funds.
"Overall, AllergyStop is an inexpensive device due to the low cost of epinephrine. However, completing quality testing and gaining FDA approval for AllergyStop is expensive," states the campaign's fundraising page.
Source: WCCO CBS Minnesota