Momenta Pharmaceuticals, Inc. (MNTA)

[MTB]

RE: Generic only coverage for epipen.
Cigna now says it will only cover the half-priced generic version, which launched in December.
"The generic version, available now in pharmacies, has the same drug formulation and device functionality as the branded medication, but at a substantial cost savings," Cigna spokeswoman Karen Eldred said.

Mylan/ the epi-pen is an easy whipping boy, but given the increasing focus on cost effective meds, it wouldn't be too surprising for other insurances to play this same game, and to expand it into other medicines.

Given the cost involved with inexorable annual substantial increases, its not hard to imagine they might eventually say the same 'generic only' for 20mg and then 40mg Copaxone -- and then the biosimilars . . .

MTB