Mylan’s new EpiPen discount does little to quell congressional anger over price hike

Pharmaceutical giant Mylan’s first attempt to quell widespread public outcry over the skyrocketing price of the EpiPen has fallen flat with members of Congress.

On Thursday, Mylan announced it will expand a patient assistance program and offer up to $300 in discounts to people whose insurance plans do not fully cover the device — but did not change the price of the...

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Carson Block Takes on St. Jude Medical Claiming Hack Risk

Carson Block, the renowned short-seller and founder of research firm Muddy Waters LLC, has taken a short position in St. Jude Medical Inc., denouncing the security of its cardiac devices in an effort that could derail the company’s purchase by Abbott Laboratories.

In a report to investors Thursday, Block warned that tens of thousands of Americans...

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Hyundai, Mitsubishi issue recalls

The National Highway Traffic Safety Administration said Hyundai and Mitsubishi are recalling certain car models because of problems the companies say can increase the risk of crashes.

Hyundai is recalling 2013 models of the Elantra because the brake pedal stopper pad can deteriorate, a condition that could lead to the brake light staying on or...

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Health group urges FDA to investigate sunscreen claims

An environmental health group is calling on the Food and Drug Administration (FDA) to investigate the ingredients that manufacturers use in sunscreens to boost sun protection factor (SPF) values.

The Environmental Working Group in a letter to FDA Commissioner Robert Califf on Thursday said it’s concerned that the ingredients being used only keep the skin...

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