Nov 27, 2018

New generic EpiPen has same $300 price as original generic

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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Illustration: Sarah Grillo/Axios

America's economy won't reopen anytime soon, despite frantic CEO whispers, but a glimmer of hope may be emerging in the form of serological testing.

Why it matters: Serologic tests aren't to determine whether or not you're infected with coronavirus. They are to determine if you have potential immunity that could allow you to safely return to work.

Government tech struggles to dole out coronavirus stimulus cash

Illustration: Eniola Odetunde/Axios

Tech challenges are hampering federal and state government efforts to get funds from the $2 trillion coronavirus relief law into the hands of newly unemployed workers and struggling small businesses who need it.

Why it matters: Many businesses and individuals need the money now for essentials, including meeting payroll and paying rent.

U.S. coronavirus updates: Death toll passes 9,600

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

Recorded deaths from the novel coronavirus surpassed 9,600 in the U.S. on Monday, per Johns Hopkins data. More than 1,000 people in the U.S. have died of coronavirus-related conditions each day since April 1.

Why it matters: U.S. Surgeon General Jerome Adams said on Sunday the coming week will be "the hardest and saddest week of most Americans' lives" — calling it our "our Pearl Harbor, our 9/11 moment."

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