By Colin Kellaher 
 

Teva Pharmaceutical Industries Ltd. (TEVA) on Tuesday said it released limited doses of its generic version of Mylan N.V.'s EpiPen 0.3-milligram injector device in the U.S.

The pharmaceutical company said the publically available wholesale acquisition cost for the product is $300.

The U.S. Food and Drug Administration in August approved Teva's generic version of the EpiPen device for life-threatening allergic reactions, the most widely sold such device in the U.S.

EpiPens have been in short supply since at least May, with problems stemming from regional supply disruptions and manufacturer issues.

The product touched off a furor two years ago over its price increases of 548% over about a decade to just above $600 for a two-pack. Mylan introduced its own half-priced generic version of the drug in 2016.

Teva said it expects an additional supply of its generic version of the EpiPen, along with a generic version of the EpiPen Jr, will be available next year.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

November 27, 2018 10:47 ET (15:47 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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