FDA declares shortage of EpiPens

FDA declares shortage of EpiPens

Branded and generic epinephrine auto-injectors distributed in the U.S.by Mylan NV are officially in shortage because of manufacturing delays, the FDA confirmed in a statement on May 9.

However, in a note posted Wednesday on its website, the FDA said that while EpiPens are available, there are "intermittent supply constraints".

Mylan warned USA customers on Tuesday that they may have trouble getting EpiPen prescriptions filled due to problems at a factory. Mylan is expediting shipment to wholesalers upon receipt, and supply levels may vary across wholesalers and pharmacies.

A statement from Mylan said EpiPen is still available amid intermittent supply issues. "The FDA is committed to working closely with the manufacturers to resolve all shortages as quickly as possible".

Oil hits 3 year high after USA quits Iran deal
Brent for July settlement climbed as much as 2.5 percent to $76.75 a barrel on the London-based ICE Futures Europe exchange. The United States has since then, however, expressed doubts over Iran's sincerity in implementing those curbs.

In a statement released Wednesday, Mylan said it is now receiving continual supply from its manufacturing partner and is expediting shipments to wholesales upon receipt. In March 2017, Mylan recalled tens of thousands of devices after complaints that some had failed to activate and in September it received a warning letter from the FDA.

However, "it's important that persons with a history of anaphylaxis and severe allergic reactions be knowledgeable in how to use a variety of epinephrine auto-injectors that are now on the market, especially in the event that your particular brand is not available", Glatter said.

Mylan shares dropped 2% in premarket trade Wednesday after the company reported a first-quarter revenue miss and profit beat.

He said the impact would have been more severe a year or two ago when Mylan was charging more for the devices.

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