Connect with us

Business

FDA Approves First Ever Generic EpiPen in the United States

Allergy sufferers may not have to face the steep bill for their medications anymore.

Published

on

On Thursday, federal regulators approved the country’s first generic competitor to the EpiPen, which can now potentially lead the way of lowering costs for this medical device.

The Food and Drug Administration approved Teva Pharmaceutical Industries Ltd’s generic version of Mylan NV’s EpiPen and EpiPenJr.

According to Business Insider, FDA Commissioner Scott Gottlieb stated, “Today’s approval of the first generic version of the most-widely prescribed epinephrine auto-injector in the U.S. is part of our longstanding commitment to advance access to lower cost, safe and effective generic alternatives once patents and other exclusivities no longer prevent approval.”

Over the last few years, Mylan has also faced a lot of controversy, due to the company drastically hiking the price more than 400 percent in less than a decade. The price has risen from less than $100 in 2007 for a pack of two injectors to just over $600. Mylan has also been facing supply issues. The FDA earlier this year announced a shortage of EpiPens.

Teva said in a statement today “We’re applying our full resources to this important launch in the coming months and eager to begin supplying the market.”

Are you looking for digital journalism training and experience? Are you a journalism major who wants to take your career to the next level? CMN’s Digital Journalism course gives you real-time experience, intense feedback on your writing, exposure to journalism influencers and mentors, and a great place to display your work. You can get academic credit too. Check out the Digital Journalism Course here.

Erin Whitten is currently CMN's Senior Correspondent and is currently a student at Arizona State University majoring in Mass Communications and Media Studies.

Sign up for the Morning Scoop

and wake up with us each day.

CMN Reports

Government2 weeks ago

New Year, New Laws for 2019

New year means new laws.

by , The Catholic American University
Equality2 weeks ago

Nancy Pelosi Elected Speaker of the House

Democrats continued to control the House on Thursday by electing Nancy Pelosi who returned to be the first woman to...

by , Mercy College
Government2 weeks ago

The House to Approve Legislation of Reopening of the Government

Late Thursday night, the new Democratic House passed bills that would reopen the government without paying for Trump’s border wall....

by , Mercy College
Government2 weeks ago

Elizabeth Warren Announces She is Running for President in 2020

On New Years Eve, Senator Elizabeth Warren, (D) Massachusetts, announced that she will become a candidate to enter the 2020...

by , Mercy College
Government3 weeks ago

Senator Elizabeth Warren Wants to Create a Public Option for Generic Drugs

The Massachusetts senator wants to take on big pharma.

by , The Catholic American University
Art1 month ago

Movie Review: Alfonso Cuarón’s ‘Roma’

The Mexican director's latest reflects the modern state of the human experience.

by , The Catholic American University
Environment1 month ago

California Mandates All New Public Transit Buses Go Electric by 2029

The Golden State wants their buses more greener on the roads.

by , The Catholic American University
Government1 month ago

New York Governor Cuomo Pushes for Legalizing Recreational Marijuana in 2019

Today, New York Governor Andrew Cuomo announced that he will be pushing to legalize recreational marijuana in 2019, according to...

by , Mercy College

Top Reads