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Why Is Teva Falling? Competition
Wednesday, October 4, 2017 - 9:10am | 400Shares of Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) were under heavy selling pressure Wednesday morning after the U.S. Food and Drug Administration granted approval for a rival product. The FDA granted approval to Mylan N.V. (NASDAQ: MYL) to sell a generic version of Teva's Copaxone...
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What Makes Mylan's Newest EpiPen Lawsuit Different?
Monday, April 10, 2017 - 2:01pm | 900Mylan N.V. (NASDAQ: MYL), which has faced a plethora of lawsuits in the past over its EpiPen, is now being saddled with another lawsuit, although this time around the parties involved go beyond the company and the plaintiffs. EpiPen And Its Legal Tussle EpiPen, or an epinephrine auto injector is...
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USA Today On EpiPen Saga: Calling It 'Controversial' Is Far From Haphazard
Friday, September 23, 2016 - 11:03am | 504Mylan NV (NASDAQ: MYL)'s EpiPen controversy, in which the company may have been unjustified in raising the cost of its life saving device over the years, is far from over. Even though Mylan's CEO Heather Bresch sat in front of a U.S. House Oversight panel this week to defend the company's business...
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Mylan's CEO Showed 'Very Little Empathy,' Bill George Says
Wednesday, September 21, 2016 - 2:37pm | 410Bill George, a Harvard Business School senior fellow and ex-chairman of Medtronic PLC (NYSE: MDT) has some harsh words for Mylan NV (NASDAQ: MYL)'s CEO Heather Bresch. Speaking as a guest on CNBC's "Squawk On The Street" on Wednesday, George said that Bresch could be in for a "rough time" as she is...
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Mylan Investors Should Be Asking Where (And Who) Robert Coury Is
Tuesday, September 20, 2016 - 9:11am | 411Mylan NV (NASDAQ: MYL)'s CEO Heather Bresch could face the wrath of the U.S. Congress on Wednesday given the company's practice of boosting the price of its potential life-saving EpiPen. According to a Bloomberg report, Robert Coury, Bresch's boss, won't be taking the stand on Wednesday. Coury,...
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Pharma Companies Are Spending Millions To Sustain High Drug Prices
Sunday, August 28, 2016 - 11:20am | 595Pharmaceutical companies have been in the spotlight for quite some time now, mainly due to the price-gouging phenomenon. Mylan NV (NASDAQ: MYL) became the central actor in the latest of many chapters in this scandal story, after presidential candidate Hillary Clinton and the White House publicly...
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Selling Pressure Continues For Mylan
Friday, August 26, 2016 - 11:04am | 425Mylan NV (NASDAQ: MYL) has been making the wrong kind of headlines this week. Democratic presidential nominee Hillary Clinton singled out Mylan for its 400 percent increase in the price of EpiPens in recent years. “It’s wrong when drug companies put profits ahead of patients, raising...
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Mylan 'Took The Sting' Out Of The EpiPen Controversy
Thursday, August 25, 2016 - 1:37pm | 391Mylan NV (NASDAQ: MYL) has received overwhelming criticism, even inciting mention from Hillary Clinton, for increasing the price of its life-saving EpiPen product 400 percent while raising the Mylan CEO’s salary by 600 percent. Company shares have begun to rebound Thursday, however, due to...
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Mylan CEO: The Healthcare System Is Broken
Thursday, August 25, 2016 - 9:25am | 358Mylan NV (NASDAQ: MYL), the seller of a potentially life-saving medical device called EpiPen, saw its share of controversy this week when officials of the U.S. government called into question the company's pricing policies. In 2008, the EpiPen sold for around $100 but has since risen six...
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Mylan Cuts EpiPen Costs By Up To 50% Via Coupon
Thursday, August 25, 2016 - 8:07am | 347Mylan NV (NASDAQ: MYL)'s 400 percent price hike to a potentially life-saving device was called into question by members of the U.S. government this week. Mylan, the maker of EpiPen, an epinephrine auto injector used in emergency cases by individuals suffering a severe allergic reaction,...
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Have You Heard About This Generic EpiPen Maker?
Wednesday, August 24, 2016 - 9:01am | 376Mylan NV (NASDAQ: MYL) is the latest pharmaceutical company to come under government scrutiny. Mylan is the maker of a device that provides epinephrine in the event of anaphylaxis — also known as the EpiPen. According to Fortune, Mylan built the EpiPen from a "weakening enterprise" in 2007 to...
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Is Mylan's FDA Warning Letter Worth Worrying About?
Tuesday, August 18, 2015 - 2:33pm | 331Mylan NV (NASDAQ: MYL) commented publicly for the first time to a FDA warning letter which it received on August 6, relating to its Agila Specialty Formulation Facility (SFF), Sterile Product Division (SPD), and Onco Therapies Limited (OTL) sites in India. In a press release, Mylan's CEO...