Page 15 - Mylan EpiPen
P. 15

Mylan’s Response to On-Going Criticism



                                                          In August 2016, in response to

                                                          mounting criticism, Mylan

                                                          increased financial assistance
                                                          available for some patients to


                                                          purchase EpiPens. However,
                                                          the up to $300 saving cards can

               only be used by a small number of people who need the

               drug, and no one on Medicaid. Mylan did nothing about the

               high price which is still being paid by insurers, who

               ultimately pass the cost onto consumers.


               Mylan promised to introduce a generic version of EpiPen,

               identical to the branded EpiPen but costing $300, half the

               current price. But even at this it’s still 37 times what Wallace

               and Krevitt estimated it costs to make.


               "Our decision to launch a generic alternative to EpiPen is an

               extraordinary commercial response," she said. "We

               determined that bypassing the brand system in this case

               and offering an additional alternative was the best option."

               Source: http://Newsroom.Mylan.com
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