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Kemp Hannon

EpiPen maker is being investigated by New York's attorney general

EpiPen maker is being investigated by New York's attorney general

The New York attorney general's office is investigating whether Mylan Pharmaceuticals unfairly limited competition for its emergency allergy treatment EpiPen, which has been criticized for steep price increases.

A preliminary review showed that the company “may have inserted potentially anti-competitive terms” into sales contracts with many school systems, Atty. Gen. Eric Schneiderman said Tuesday. Subpoenas for company information were issued last week.

“If Mylan engaged in anti-competitive business practices, or violated antitrust laws with the intent and effect of limiting lower cost competition, we will hold them accountable,” Schneiderman said....

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