U.S. agency told Mylan that EpiPen was misclassified

Reuters: A U.S. federal health agency said on Wednesday it had "expressly advised" Mylan NV (MYL.O) that the drugmaker had improperly classified its EpiPen emergency allergy treatment in a way that allowed it to pay lower rebates to state health programs.

The disclosure comes as U.S. lawmakers and prosecutors are investigating Mylan over steep price hikes for the EpiPen device which have rendered the drug unaffordable for a growing number of families. A least one state has launched an investigation into whether Mylan failed to pay proper rebates to the Medicaid program for the poor.

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