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Monday, September 26, 2016

Mylan's EpiPen profit was 60% higher than what the CEO told Congress [feedly]

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Mylan's EpiPen profit was 60% higher than what the CEO told Congress
// L.A. Times - Business

Lawmakers were skeptical last week when Mylan's chief executive said that the company made only $100 in profit for a two-pack of EpiPens. During a House hearing, she repeatedly referred to a poster board showing how little of the $608 list price trickled back to the company.

The incredulity was...

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