Warren leads 20 senators in letter grilling EpiPen maker
Sen. Elizabeth Warren (D-Mass.) penned a letter with 19 other senators to the maker of EpiPens Tuesday, questioning the company's recent attempt to address the outrage over its price hikes.
The senators — 19 Democrats and Independent Sen. Bernie Sanders (Vt.), who caucuses with Democrats — grilled Mylan about why it did not reduce the...
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...
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...
White House, Clinton lash out at EpiPen price hikes
The White House weighed in on the controversy over the skyrocketing cost of the EpiPen allergy shot, saying unscrupulous pricing practices raise serious moral questions for pharmaceutical companies.
White House Press Secretary Josh Earnest said companies that develop and market life-saving medication "often do real damage to their...
