Page 12 - Mylan EpiPen
P. 12

In September 2016, the New York State Attorney General

               began an investigation into Mylan's EpiPen4Schools

               program in New York to determine if the program's

               contracts violated antitrust law and the West Virginia State

               Attorney General opened an investigation into whether

               Mylan had given the state the correct discount under the

               Medicaid Drug Rebate Program and subpoenaed the

               company when it refused to provide the documentation the
               state requested. It questioned why EpiPen had been


               classified as a generic rather a proprietary product in the
               program since 1997; generic drugs have lower rebates (13%)

               than proprietary drugs (23%), and price hikes for generic

               drugs cannot be passed onto states.


               September 2016, also saw a Silicon Valley engineering

               consultancy (Wallace and Krevitt ) reverse engineer an

               EpiPen and estimated the manufacturing and packaging

               costs at about $8.02 a 90-plus-fold mark-up over the retail

               price.
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