• Delaware Jul 29, 2019

    Pfizer, Mylan Strengthen Ties, Create New Company

    Pfizer, the country’s largest drugmaker, is creating a hybrid new drug company by combining its off-patent branded drug business with the generic pharmaceutical company Mylan. Pfizer’s Upjohn, which sells one-time blockbusters like Viagra and Lipitor that have lost patent protection, will be spun off and then it will combine with Mylan, a $10 billion company.

  • Congress Aug 17, 2017

    EpiPen Maker Mylan to Pay $465 Million for Overbilling Medicaid for a Decade

    EpiPen maker Mylan has finalized a $465 million government agreement settling allegations it overbilled Medicaid for its emergency allergy injectors for a decade — charges brought after rival Sanofi filed a whistleblower lawsuit and tipped off the government.

  • Philadelphia May 31, 2017

    Mylan Executives Receive Annual Bonuses While EpiPen Prices Rise

    Huge paychecks were awarded to executives while backlash from consumers and the U.S. government escalated over prices Mylan charged for its EpiPen emergency allergy treatment.

  • CEO Dec 16, 2016

    Mylan to Offer Generic EpiPen for $300 Next Week

    Mylan is about to start selling a generic version of its EpiPen injector for $300 per two-pack, under half the cost of the name-brand lifesaving drug, the pharmaceutical company announced Friday. The move comes after 20 state attorneys general launched a federal lawsuit alleging that Mylan and five other generic drug-makers artificially inflated and manipulated prices to reduce competition for...

  • United States Sep 30, 2016

    Experts Looked Inside Mylan's Upgraded EpiPen

    With Congress trying to figure out Mylan’s business model for the EpiPen, a medical technologies expert and a Seattle doctor have been physically taking apart the auto-injectors to find out exactly how the device has changed since Mylan acquired it, NBC News reported. Mylan CEO Heather Bresch testified last week that it invested more than $1 billion enhancing the product,...

  • United States Sep 6, 2016

    Industry Insiders Estimate EpiPen Costs No More Than $30

    Mylan says middlemen and suppliers have forced them to jack up the prices on EpiPens by hundreds of dollars, but two industry insiders say the company pays no more than $30 per device, NBC News reports. Some patients are forced to pay a little over $600 out of pocket for a two-pack of the lifesaving medication. Mylan sparked outrage last...

  • United States Aug 29, 2016

    Mylan Launching Generic Version of EpiPen

    Mylan says it will make available a generic version of its EpiPen, as criticism mounts over the price of its injectable medicine. The company said Monday that its U.S. subsidiary will put out a generic version of the EpiPen that will have a list price of $300 for a two-pack — about half the current price. It will be available...

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