Mylan releases cheaper, generic version of its EpiPen 

The public pressure seems to be working… 

Mylan, maker of the EpiPen, increased the price of its life-saving allergic medication to $600. That prompted backlash from patients, celebrities, and politicians, including both Bernie Sanders and Hillary Clinton. Actress and Mylan spokesperson Sarah Jessica Parker, whose son has life-threatening allergies, cut ties with the company last week.  

In response, the company announced a generic for half the price ($300). That version will be identical, except for the label.  But don’t be fooled into believing this is an altruistic move. $300 is still pricey, and reports are already surfacing that Mylan may make more from the generic version because it doesn’t have to deal with middlemen.