Posts Tagged 'epipen'

FDA Issues Warning Letter to EpiPen Maker

FDA warns mylan on epipen safetyA New York Times report details how the FDA recently sent a letter to a division of Pfizer regarding the company’s failure to properly investigate the safety of its EpiPens, which it manufactures for Mylan, based on adverse event reports filed by consumers. The pens are used by patients to deliver epinephrine during potentially life-threatening allergic reactions.

Complaints centered on a malfunctioning mechanism within the EpiPens. The mechanism is ...

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EpiPen Maker Fined $465 Million Over Medicaid Fraud

epipen maker fined over medicare rebatesWhen 20 Congressional Democrats sent a letter to EpiPen manufacturer Mylan in October, they included a very specific list of questions that they wanted answered. The company, under fire for a pattern of aggressive price increases on its life-saving EpiPen devices, had been raising prices since 2007, leaving parents and patients alike reeling and wondering how they could continue to afford them. By 2016, the price of an EpiPen injector was ...

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Mylan Releases $300 Generic EpiPen in Response to Consumer Blowback

mylan releases generic epipenIn a case of the truth being stranger than fiction, embattled EpiPen manufacturer Mylan has released a generic version of its own product and cut the cost by 50%.

EpiPens have been at the center of a media firestorm as consumer outrage and social media campaigns have fueled a backlash against the device’s manufacturer amid accusations of price gouging. Since acquiring the license to manufacture EpiPens in 2007, Mylan has increased the ...

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EpiPen Maker Faces Congressional Scrutiny

epipen maker under congressional microscopeEpiPen manufacturer Mylan might have broken the cardinal rule of the pharmaceutical industry: be greedy, just not too greedy. This is not a rule based in altruism; rather it is a function of self-preservation. Make as much money as you can without bringing any undue attention onto yourself from either the general public or, in the worst of cases, the United States Congress.

Since acquiring the rights to manufacture EpiPens in 2007, Mylan ...

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As CEO Salary Skyrockets Parents Struggle with EpiPen Pricing

When’s the last time you had a pay raise? If you’re anything like many Americans that are working day to day and trying to make ends meet, there’s a smaller and smaller chance that you even warranted a cost of living increase lately. As companies are routinely pressed to do more with less, employees all across the country keep hearing that there’s “just not enough money in the budget this year.”

One person who hasn’t heard those ...

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