Until the recent launch of the generic EpiPen, the only affordable competitor available to the emergency allergy treatment was Adrenaclick, but that drug was hard to find and some pharmacies charged nearly as much as they did for EpiPen. Now CVS says it is selling two-packs of an authorized generic of Adrenaclick at about one-sixth of the price tag for brand-name EpiPen. [More]
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Administrator: Mylan Has Overcharged Medicaid For EpiPen By At Least 10%
Though the EpiPen emergency allergy treatment has been around for decades, the increased demand for the drug and its soaring price tag have caused Medicaid spending on EpiPen to go from around $66 million in 2011 to $365 million in 2015. All this time, claims Andrew Slavitt, Acting Administrator for the Center for Medicare & Medicaid Services, Mylan’s parent company has been shortchanging Medicaid on rebates. [More]