Business

US approves first generic competitor to Mylan's EpiPen

Sunday, August 19, 2018

Print this page Email A Friend!


WASHINGTON, United States (AFP) — US regulators last week approved the first generic alternative for the EpiPen, a life-saving emergency allergy medicine, two years after soaring prices for the original version, owned by Mylan, stoked controversy.

The US Food and Drug Administration granted approval to Israel-based Teva Pharmaceuticals to market its generic epinephrine auto-injector for emergency treatment of allergic reactions.

“Today's approval of the first generic version of the most-widely prescribed epinephrine auto-injector in the US is part of our long-standing commitment to advance access to lower- cost, safe and effective generic alternatives once patents and other exclusivities no longer prevent approval,” said FDA Commissioner Scott Gottlieb on Thursday.

Mylan Pharmaceuticals, which makes the EpiPen, faced an outpouring of criticism after it raised the price of a pack of two to US$600 in 2016. The same package cost US$100 in 2008.

Mylan then introduced its own generic alternative late in 2016 at a cost of US$300.

Teva did not immediately say how much its product would cost or when it would be available. Its shares rose six per cent on the news.

The EpiPen is designed to automatically inject a dose of epinephrine into a person's thigh to stop an allergic reaction, whether to bee stings, peanuts or other foods, medications, latex or other causes.

Anaphylaxis is “a medical emergency that affects the whole body and, in some cases, leads to death”, affecting about one in 50 Americans, the FDA said.

People who suffered from anaphylaxis once face a continual risk of another episode and must carry an emergency dose of epinephrine at all times.

ADVERTISEMENT




POST A COMMENT

HOUSE RULES

1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.

6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.

7. Lastly, read our Terms and Conditions and Privacy Policy



comments powered by Disqus
ADVERTISEMENT

Poll

ADVERTISEMENT
ADVERTISEMENT

Today's Cartoon

Click image to view full size editorial cartoon
ADVERTISEMENT