Page 15 - Mylan EpiPen
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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