The price of EpiPens has increased by 400 percent since 2007, with some patients now paying up to $700 to fill their prescriptions. Amidst these price hikes, executives at the Canonsburg, Pa.-based company saw substantial pay increases, reported NBC News.
In 2007, Mylan CEO Heather Bresch earned about $2.5 million, and by 2015 her salary hit just under $19 million, marking a 671 percent increase.
During that same period, the wholesale price of EpiPens rose from $56.64 to $317.82, representing a 461 percent increase.
Mylan’s president Rajiv Malik saw his base pay increase by 11.1 percent to $1 million in 2015. Anthony Mauro, chief commercial officer of Mylan, saw his salary jump 13.6 percent to $625,000 in 2015.
More articles on compensation:
Rate of Mass. hospital executive pay growth eclipses healthcare spending
Union drops measure to cap hospital executive pay in Arizona
Medicare paid female physicians $19k less than males in 2012
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
