Teva readies generic EpiPen entry amid price row
Teva Pharmaceutical aims for FDA approval by late 2017 or early 2018 for a copycat EpiPen, challenging Mylan’s strong U S market dominance. The high price of EpiPen has drawn bipartisan criticism while Teva and analysts see potential market share gains if approved and cheaper. Mylan plans a $300 generic launch within weeks as Senate scrutiny continues.
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North Korea tests fifth nuclear blast sparks global outrage
North Korea carried out its fifth and largest nuclear test on Friday, claiming it can mount a warhead on a ballistic missile. The blast drew international condemnation from the United States, the United Nations, and allies. U.S. officials urged new sanctions with China urged to pressure Pyongyang. Preliminary seismic data place the yield at 20 to 30 kilotons, larger than Hiroshima, signaling a major escalation.
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Norway PM criticizes Facebook over Napalm Girl removal
Oslo protests followed Facebook reinstatement of the 1972 Napalm Girl photo after initially banning it for nudity. Prime Minister Erna Solberg argued the move edited history, reposting the image with a black square and urging protection of historical documentation and free speech. The company said it reviewed its standards and acknowledged the image’s historical importance.
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Associated Press
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