Teva Pharmaceutical Industries Ltd on Tuesday made its generic version of Mylan&...
- Teva Pharmaceutical Industries Ltd on Tuesday made its generic version of Mylan’s EpiPen for young children available in most retail pharmacies at $300 for a 2-pack.
Raymond James analyst Elliot Wilbur estimates the current U.S. epinephrine market is worth about $700 million. The launch of the EpiPen generic for children comes as welcome news for the company, as analysts have raised concerns over its ability to pay down its debt load, which was $28.7 billion at the end of June.
On Tuesday, peers Endo International Plc and Allergan Plc tentatively agreed to pay $15 million to avoid going to trial in October in a landmark case involving two Ohio counties accusing certain drug manufacturers and distributors of fueling the opioid crisis.
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