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Pfizer Settles $345M EpiPen Consumers Suit, But Viatris Marches On

 
• By Dean Rudge

After four years of litigation, Pfizer has reached a preliminary settlement over allegations that it devised an “illegal scheme” with Viatris’ Mylan establish a monopoly for the EpiPen autoinjector device.

Pedestrians wearing a protective mask walks past Pfizer Inc. headquarters on July 22, 2020 in New York City.
(Jeenah Moon/Getty Images)

Pfizer Inc. has reached a $345m preliminary settlement agreement with a class of consumers that allege the US-based firm hiked prices for the EpiPen (epinephrine) autoinjector that it supplies to Viatris Inc.’s Mylan business unit, through what the complaint called a “multi-faceted, fraudulent scheme to obtain and maintain a monopoly in the market.”

However, litigation continues with Mylan Pharmaceuticals Inc., as well as former CEO Heather Bresch, following the initial lawsuit filed against Pfizer and Mylan in a Kansas district court...

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