Currently browsing tag

presidential

Mylan to launch generic EpiPen at half the price of original

The company reduced the out-of-pocket costs of EpiPen for some patients on Thursday, but kept the list price at about $600, a move that U.S. lawmakers and Presidential candidate Hillary Clinton said was not enough. Mylan said on Monday it expected to launch the generic product “in several weeks”, an unusual move considering the branded bestseller is still patent protected and major rival treatments have failed to get regulatory clearances. “Our decision to launch a generic alternative to EpiPen is an extraordinary commercial response,” Chief Executive Heather Bresch said Monday.

Egyptian court begins retrial of Mubarak in corruption case

An Egyptian court began a retrial on Saturday of former president Hosni Mubarak and his sons for allegedly diverting public funds earmarked for the renovation of presidential palaces to upgrade family properties. Mubarak, 86, toppled in a 2011 popular uprising, was sentenced to three years in prison last May and his two sons were given four-year jail terms in the same case. Egyptian state television aired brief footage of Mubarak and his sons inside a cage in the courtroom in the Police Academy.