Mylan to launch generic EpiPen at half the price of original

August 29, 2016 12:03 PM

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Mylan to launch generic EpiPen at half the price of original

Mylan NV (MYL.O) said it would launch the first generic version of its allergy auto-injector EpiPen at half the price of the branded product, the drugmaker's second step in less than a week to counter a wave of criticism over the product's high price.

The company reduced the out-of-pocket costs of EpiPen for some patients last week, but kept the list price at about $600, a move that lawmakers said was not enough. EpiPen cost about $100 in 2008.

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