MONDAY, Aug. 29, 2016 — A cheaper generic version of the emergency allergy
treatment EpiPen will be made available within the next few weeks, manufacturer Mylan said Monday.
The state attorney general's office is investigating whether Mylan Pharmaceuticals unfairly limited competition for its emergency allergy
treatment EpiPen, which has been criticized for steep price increases.
Drug maker Mylan said it will offer a generic version of the life - saving allergy
treatment EpiPen for half the list price of the brand - name treatment after it became the center of a national controversy over skyrocketing drug prices.
ALBANY, N.Y. (AP)-- The state attorney general's office is investigating whether Mylan Pharmaceuticals unfairly limited competition for its emergency allergy
treatment EpiPen, which has been criticized for steep price increases.
Not exact matches
Last year's scandal over Mylan's 500 % price hike of the
EpiPen, a potentially lifesaving allergy
treatment, tarnished Bresch's reputation, but it didn't hurt her business as much as some expected.
Future tax credits could prove valuable to Mylan, which has seen sales of its flagship
EpiPen allergy
treatment sag after consumer outrage over the allergy
treatment's $ 600 list price.
Shares of Mylan (myl) are trading at historically low valuations as the company's chief executive officer is set to face a congressional grilling on Wednesday over the price of its
EpiPen emergency allergy
treatment.
The price of the
EpiPen has soared 500 % since generic drug company Mylan (myl) bought the
treatment nine years ago.
What's more, Bresch, citing the roughly $ 600 wholesale cost, added that when you look at other
treatments, the
EpiPen does not fall into the category of «an expensive product.»
NEW YORK Mylan N.V.'s emergency allergy antidote
EpiPen is in short supply in Canada and Britain, but remains available in the United States, the
treatment's manufacturer said on Friday.
NEW YORK (AP)-- Saying she is «disappointed, saddened and deeply concerned» by the price hike of the
EpiPen, actress Sarah Jessica Parker has cut ties with the company that makes the emergency allergy
treatment.
In fact, Mylan had recently started a major lobbying effort to encourage schools to stock
EpiPens by arguing that people with serious food allergies are always at risk, and that
EpiPens were a necessary supplement to emergency medical
treatment.
The commercial also suggested that an
EpiPen was a sufficient
treatment on its own.
Peanut allergy is the most common cause of food - induced anaphylaxis, a medical emergency that requires
treatment with an epinephrine (adrenaline) injector (
EpiPen, Auvi - Q, Twinject) and a trip to the emergency room.
He likened the
treatment to other livesaving interventions, such as knowing how to perform CPR or use an
EpiPen.
EpiPens save lives, but the available long - term
treatments offer mixed results to those exhausted by an allergy to mold or the annual release of pollen.
Those suffering its effects typically must carry an
EpiPen for emergency
treatment of anaphylaxis.