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New generic EpiPen has same $300 price as original generic

A Teva drug manufacturing plant in Israel.
A Teva drug manufacturing plant in Israel. Photo: Thomas Coex/AFP/Getty Images

A new generic EpiPen made by Teva Pharmaceuticals carries a $300 list price — the same price as the generic EpiPen that Mylan rolled out in 2016, following widespread criticism of the company's large price hikes on the life-saving drug. It's unknown how much Teva's product will cost after taking out rebates paid to health insurers and pharmacy benefit managers.

Flashback: The FDA approved Teva's generic EpiPen in August, when Commissioner Scott Gottlieb said "patients living with severe allergies ... should have a lower-cost option."

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