Time to Sell Mylan Amid EpiPen Controversy

Discussion in 'Pharma/Biotech Companies - In the News' started by RobertPhillips900, Sep 6, 2016 at 2:45 PM.

  1. #1 RobertPhillips900, Sep 6, 2016 at 2:45 PM
    RobertPhillips900

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    Mylan, famously known as the maker of EpiPen, grabbed our attention in the past few weeks in a very negative way. This is because of the sudden increase in the price of EpiPens. Unbelievable, but yes with almost 500% increase since 2007, today the drug- a life-saving treatment for allergic reactions-costs almost $608. And the company fails at providing any valid reason for this jump in price.

    Because of all this, office of Attorney General Eric Schneiderman launched an antitrust probe of the EipPen contracts. Due to this new issue, Mylan shares are trading in red. Analysts rate this stock ‘Sell’.
     
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  2. #2 anonymous, Nov 4, 2016 at 8:51 PM
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    So why is she CEO? Huge scandal that ended with the severed heads of several from WVU who somehow gave her a Masters Degree she never finished, then after making multimillions in bonus during the years of epipen gouging she lies to congress, and KEEPS HER JOB!!!!????
     
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