EpiPen Competitor Auvi-Q Re-Enters Market in February

Virgina-based Kaleo Pharma will re-introduce its competitor to Mylan's EpiPen back to the market on February 14.
Jan. 20, 2017

Virgina-based Kaleo Pharma will re-introduce its competitor to Mylan's EpiPen back to the market on February 14.

The list price for Kaleo's Auvi-Q is $4,500, but the drugmaker guarantees a cash price of no more than $360 for two auto-injectors.

Kaleo has said many insurers will cover the product. Additionally, the drugmaker will offer a program called "Auvi-Q AffordAbility" that guarantees U.S. patients with commercial insurance will have no out-of-pocket costs for the devices, plus free product for those who don't have insurance and have a household income of less than $100,000.

The Auvi-Q auto-injector was pulled from the market in 2015 when it was recalled in for inaccurate dosage delivery.

Read the CNBC coverage

Sign up for our eNewsletters
Get the latest news and updates