ALBANY, N.Y. (NEWS10) – The Attorney General has reached a deal to cut and cap the price of a heroin overdose antidote for some agencies in the state.
Attorney General Eric Schneiderman says the deal with Amphastar Pharmaceuticals will help agencies secure access to the lifesaving drug kits containing naloxone which can be administered to quickly reverse the effects of an opioid overdose.
Under the agreement, agencies will get a rebate on the wholesale price of naloxone, reducing it by 20 percent.
It will also cap the price, dollar-for-dollar, against any price increases for one year. The office hopes this will help save lives in the midst of a growing problem.
“You may be aware that the abuse of heroin is a growing problem throughout New York, throughout the U.S. in fact, and what we were trying to do is make sure this life saving drug was available to the people of the state of New York,” said Karla Sanchez, the Executive Deputy Attorney General for Economic Justice.
In 2011, opioid overdoses killed more than 2,000 New Yorkers, that’s more than twice the number of deaths in 2004.