Novartis to Supply EpiPen Alternate to U.S. Pharmacies -Reuters

Date : 07/10/2019 @ 12:30AM
Source : Dow Jones News
Stock : Mylan NV (MYL)
Quote : 19.695  0.505 (2.63%) @ 4:01PM

Novartis to Supply EpiPen Alternate to U.S. Pharmacies -Reuters

Novartis (NYSE:NVS)
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--Novartis AG (NVS) said it would supply U.S. pharmacies with its pre-filled Symjepi epinephrine shots, amid a shortage of Mylan NV's (MYL) EpiPens, Reuters reports Tuesday.

--Novartis said they would charge a wholesale price of $250 for two adult-dose syringes, the report said, adding Mylan charges $300 for its authorized generic.

--A unit of Pfizer Inc. (PFE) produces all EpiPens sold across the globe at a single plant, which had been experiencing manufacturing problems, the report said.

 

Full story: https://www.reuters.com/article/us-novartis-epipen-launch/novartis-to-sell-epinephrine-shot-in-u-s-pharmacies-amid-epipen-shortage-idUSKCN1U418X

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 09, 2019 19:15 ET (23:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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