NYLON – A company that supplies Naloxone, a heroin overdose antidote, has agreed to cut the price after receiving a letter of concern from the Attorney General Eric Schneiderman’s Office.
According to news partner 13WHAM, the Attorney General has announced an agreement with Naloxone supplier Amphastar Pharmaceuticals, where they will offer a $6 rebate per dose, which will also automatically increase, dollar-for-dollar, to match any future growth in the wholesale price.
After Amphastar raised the price of its Naloxone products last fall, the Attorney General’s office sent a letter expressing concern that the higher cost could jeopardize access to the antidote in New York State.
As a result, Amphastar agreed to provide a rebate that will discount the wholesale price of Naloxone by nearly 20 percent. As part of the agreement, this rebate is available not only to the Office of the Attorney General, but also all associated public entities, including but not limited to the State Department of Health, the City of New York, and the governments of individual New York counties.
Naloxone is a highly effective antidote that can quickly reverse an opioid overdose for all agencies in New York State next year. At least three lives have been saved in Livingston County since local police and the Sheriff’s Office were equipped with and trained to administer the drug in December 2014.
PHOTO CAPTION: File photo.