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Epipen's Profits Are Actually A Lot Higher Than Mylan Originally Told Congress
Monday, September 26, 2016 - 12:03pm | 299Read More...Mylan NV (NASDAQ: MYL) CEO Heather Bresch told a U.S. congressional committee last week that the company makes a profit of around $100 for each package of EpiPen it sells. Bresch testified in front of the committee amid a scandal in which Mylan may have unjustifiably raised the price of its...
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USA Today On EpiPen Saga: Calling It 'Controversial' Is Far From Haphazard
Friday, September 23, 2016 - 11:03am | 504Read More...Mylan NV (NASDAQ: MYL)'s EpiPen controversy, in which the company may have been unjustified in raising the cost of its life saving device over the years, is far from over. Even though Mylan's CEO Heather Bresch sat in front of a U.S. House Oversight panel this week to defend the company's business...
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Controversy Pullback Offers Good Entry Point For Mylan
Thursday, September 22, 2016 - 10:16am | 364Read More...Argus’ Jacob Kilstein believes generic drug companies would “continue to benefit from the increased focus on cost-effective healthcare.” Kilstein maintains a Buy rating and a $55 price target on Mylan NV (NASDAQ: MYL). Attractive Entry Point The stock has declined 17 percent over...
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Mylan's CEO Showed 'Very Little Empathy,' Bill George Says
Wednesday, September 21, 2016 - 2:37pm | 410Read More...Bill George, a Harvard Business School senior fellow and ex-chairman of Medtronic PLC (NYSE: MDT) has some harsh words for Mylan NV (NASDAQ: MYL)'s CEO Heather Bresch. Speaking as a guest on CNBC's "Squawk On The Street" on Wednesday, George said that Bresch could be in for a "rough time" as she is...
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Mylan Investors Should Be Asking Where (And Who) Robert Coury Is
Tuesday, September 20, 2016 - 9:11am | 411Read More...Mylan NV (NASDAQ: MYL)'s CEO Heather Bresch could face the wrath of the U.S. Congress on Wednesday given the company's practice of boosting the price of its potential life-saving EpiPen. According to a Bloomberg report, Robert Coury, Bresch's boss, won't be taking the stand on Wednesday. Coury,...
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Another Election Year View On Healthcare ETFs
Thursday, September 8, 2016 - 11:12am | 659Read More...Just two months away from Election Day, it is accurate and fair to say this presidential election year — as have previous ones — has been unkind to the healthcare sector. Election Year Blues The third-largest sector weight in the S&P 500 is lagging the benchmark U.S. equity index by...
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MannKind Is 'Making Progress' On Its Alternative To Mylan's EpiPen, Report Says
Tuesday, August 30, 2016 - 3:50pm | 310Read More...Biopharmaceutical company MannKind Corporation (NASDAQ: MNKD) is "making progress" in developing a less costly alternative to Mylan NV (NASDAQ: MYL)'s EpiPen. According to Connecticut-based News Times, MannKind's local manufacturing facility employs around 150 people in the city and plays a key...
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Mylan Announces $300 Version Of EpiPen
Monday, August 29, 2016 - 7:13am | 261Read More...Mylan NV (NASDAQ: MYL) disclosed that its American unit would unveil the first generic to EpiPen Auto-Injector at a cost of $300 per two-pack carton. This represented a discount over 50 percent to its list price or wholesale acquisition cost of the branded medicine. The company clarified that...
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Mylan Is Offering An EpiPen Savings Card, But A Lot Of People Will Still Get Screwed
Friday, August 26, 2016 - 2:19pm | 933Read More...It’s been a rough week for Mylan NV (NASDAQ: MYL). To stem the tide of criticism over price hikes of its EpiPen, CEO Heather Bresch went on CNBC Thursday to offer a "Savings Card" to consumers. That apparently was all Wall Street analysts needed to hear. Barclays said the...
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Selling Pressure Continues For Mylan
Friday, August 26, 2016 - 11:04am | 425Read More...Mylan NV (NASDAQ: MYL) has been making the wrong kind of headlines this week. Democratic presidential nominee Hillary Clinton singled out Mylan for its 400 percent increase in the price of EpiPens in recent years. “It’s wrong when drug companies put profits ahead of patients, raising...
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Mylan 'Took The Sting' Out Of The EpiPen Controversy
Thursday, August 25, 2016 - 1:37pm | 391Read More...Mylan NV (NASDAQ: MYL) has received overwhelming criticism, even inciting mention from Hillary Clinton, for increasing the price of its life-saving EpiPen product 400 percent while raising the Mylan CEO’s salary by 600 percent. Company shares have begun to rebound Thursday, however, due to...
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Greater EpiPen Access, Price Transparency Should Dampen Concern; Goldman Maintains Mylan's Conviction Buy Status
Thursday, August 25, 2016 - 12:59pm | 361Read More...Mylan NV (NASDAQ: MYL)'s announcement that it will offer patient assistance via a coupon that could effectively slash the price of its EpiPen drug by 50 percent should "quell" investor concern, at least according to Goldman Sachs' Jami Rubin. Rubin commented in a report that...
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Mylan CEO: The Healthcare System Is Broken
Thursday, August 25, 2016 - 9:25am | 358Read More...Mylan NV (NASDAQ: MYL), the seller of a potentially life-saving medical device called EpiPen, saw its share of controversy this week when officials of the U.S. government called into question the company's pricing policies. In 2008, the EpiPen sold for around $100 but has since risen six...
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Mylan Cuts EpiPen Costs By Up To 50% Via Coupon
Thursday, August 25, 2016 - 8:07am | 347Read More...Mylan NV (NASDAQ: MYL)'s 400 percent price hike to a potentially life-saving device was called into question by members of the U.S. government this week. Mylan, the maker of EpiPen, an epinephrine auto injector used in emergency cases by individuals suffering a severe allergic reaction,...
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The Active Traders Guide To Hillary Clinton's Rhetoric
Thursday, August 25, 2016 - 6:52am | 538Read More...Just about a year after Democratic presidential nominee sent biotechnology stocks and exchange traded funds tumbling with rhetoric aimed at high drug prices, one would think that any healthcare company and its executives opting to raise prices on devices, pharmaceuticals and treatments by...
















