Raymond James Upgrades Mylan (MYL) to Strong Buy
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Mylan Agrees to Settlement on Medicaid Rebate Classification for EpiPenĀ® Auto-Injector
October 7, 2016 4:45 PM EDTWASHINGTON, Oct. 7, 2016 /PRNewswire/ -- Mylan N.V. (NASDAQ, TASE: MYL) today announced that its subsidiary, Mylan Inc., has agreed to the terms of a $465 million settlement with the U.S. Department of Justice ("DOJ") and other government agencies that will resolve questions that have been raised about the classification of EpiPen® Auto-Injector and EpiPen Jr® Auto-Injector (collectively, "EpiPen Auto-Injector") for purposes of the Medicaid Drug Rebate Program.
The terms of the settlement do not... More