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Policy

CMS acting chief Slavitt slams drug pricing

November 7, 2016 By Sarah Faulkner

CMS

Centers for Medicare & Medicaid Services acting chief Andy Slavitt admonished pharma companies like Mylan (NSDQ:MYL) over unsustainable price increases before the Biopharma Congress in Washington D.C. last week. Mylan came under fire this year after reports showed that the Canonsburg, Penn.-based company raised the price of its emergency allergy epinephrine injector by 500% since it acquired the product in 2007 […]

Filed Under: Business/Financial News, Drug-Device Combinations, Featured, Pharmaceuticals, Policy, Wall Street Beat Tagged With: Centers for Medicare and Medicaid Services (CMS), Mylan, Teva Pharmaceuticals

CMS finds Mylan overcharged Medicaid for EpiPens for years

October 7, 2016 By Sarah Faulkner

Mylan

The Centers for Medicare & Medicaid Services said this week that Mylan Pharmaceuticals (NSDQ:MYL) has been overcharging Medicaid for its EpiPen auto-injector for years, despite being warned that it should have paid bigger rebates. CMS said that between 2011 and 2015, Medicaid spent $797 million on the epinephrine auto-injector after deducting rebates, marking the 1st […]

Filed Under: Auto-injectors, Drug-Device Combinations, Featured, Legal News, Policy Tagged With: Centers for Medicare and Medicaid Services (CMS), Mylan

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