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Fwa the ceo addressing the epipen controversy. Tiffany beats estimates but struggling with a drop in tourism and the dollar store is under pressure, continued weak Earnings Guidance for the year. But first up, mylan taking action in response to criticism of that epipen pricing. The Company Announcing it will cover up to 300 of the allergy drugs outofpocket costs at pharmacy, reducing a patients cost exposure by 50 . Also doubling eligibility for patient assistance, eliminating outofpocket costs for both uninsured and under insured patients. Moments ago on squawk, Heather Bresch was asked why mylan didnt lower the list price on the drug. Heres her response. Had we reduced the list price, i couldnt ensure that everyone who needs an epipen gets one. So went around the system. This savings card is equivalent to cash, 300. Effectively were cutting the price in half, but were letting you take control of that. Were letting the patient take control of that. We enhanced the we enhanced already

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