What were some of the lawsuits against mylan

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Assignment:

1. According to Mylan's CEO, what was the reason for the price increase? What were some of the lawsuits against Mylan?

2. How does the price of an EpiPen in the United States compare to the prices in other countries?

3. Mylan held the patent for the delivery device of the drug and not the patent of the actual drug. However, aggressive marketing, lobbying, and business practices enabled Mylan to achieve monopoly power. As a result, it increased sales and profits with greater market share. How can society solve this problem? (E.g., Should the United States government try to reduce the monopoly power of the pharmaceutical firms by reforming the patent system? Or should the United States government employ price controls in the pharmaceutical field?) What would be the drawbacks to your policy change?

Reference no: EM133751328

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