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Mylan to launch generic to EpiPen

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Mylan announced today it would launch a generic to its allergy auto-injector EpiPen.

The product would be discounted by 50 percent to the branded product's list price.

Mylan said it expected to launch the generic product "in several weeks" at a list price of $300. The branded product costs about $600. EpiPen cost about $100 in 2008.

Read more from Reuters.

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