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Mylan announces $300 generic EpiPen at 3x original price

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In another attempt at quelling public outcry over the skyrocketing price of the lifesaving EpiPen, maker Mylan has announced that it will begin selling a generic version of its allergy medication injector ‒ at the low, low cost of $300.

EpiPen administers a quick dose of epinephrine to counter a severe, life-threatening allergic reaction known as anaphylactic shock. The easy-to-use injector is made by West Virginia-based Mylan Pharmaceuticals, which bought the rights to it in 2007. Since then, the price of the EpiPen has ballooned, going from $100 to $600.

On Monday, Mylan unveiled the generic version, noting that the auto-injector’s “list price of $300” for each two-pack carton “represents a discount of more than 50 percent to the Mylan list price.” – READ MORE

 

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