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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Mylan NV | NASDAQ:MYL | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 15.855 | 15.71 | 15.90 | 0 | 01:00:00 |
DOW JONES NEWSWIRES
Mylan Inc. (MYL) said the U.S. Food and Drug Administration found no deficiencies in a Morgantown, W.Va., plant that had been the subject of media reports that questioned its quality control.
Last month, the Pittsburgh Post-Gazette reported that generic-drug maker Mylan had launched an internal probe to investigate whether workers at the plant had been routinely overriding computer-generated warnings about the drugs being produced at the plant. The newspaper cited an internal report and had other experts review the report and call it a significant problem.
Chief Executive Robert Coury has blasted the reporting in the article and said it contained allegations that were "false, misleading and unfounded."
"The baseless speculation that was caused by a highly irresponsible and sensational news article with a biased agenda was entirely unnecessary," Coury said Thursday.
Mylan's shares were up 3.5% at $14.07.
- By Kerry Grace Benn, Dow Jones Newswires; 212-416-2353; kerry.benn@dowjones.com
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