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Move Over Turing, Valeant – Mylan Next Target For Price Scrutiny

 
• By Donna Young

So far, most of the attention on drug price increases has focused on Turing Pharmaceuticals AG and Valeant Pharmaceuticals International Inc. But Mylan NV soon could be in the bull's-eye of payers and lawmakers after hiking the prices of 24 of the firm's products by more than 20% in the past six month, with seven of those medicines' costs spiking more than 100%, Wells Fargo analyst David Maris said in a new report.

Move over Turing and Valeant. Generic and specialty drug jumbo Mylan NV may be the next pharmaceutical company to come under scrutiny by payers and Capitol Hill for jacked-up drug prices.

At least, that's what Wells Fargo analyst David Maris said in a new report – an analysis that had investors worried enough to drive shares of Mylan down by 6%...

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