Mylan Pharmaceuticals CEO defends Epipen costs

The head of Mylan Pharmaceuticals, the company that makes and sells the Epipen, will be on Capitol Hill today.

CEO Heather Bresch will say it’s not true the company makes big profits of off its lifesaving allergy treatment.

Bresch’s written statements say Mylan makes about $50 off each pen after rebates, fees and other costs are deducted.

If you’re a fan of McDonald’s McGriddle sandwich, you’ll now be able to satisfy your cravings whenever you want.

The popular sandwich will be available nationwide starting today.

Business insider says it will also make McMuffin and biscuit sandwiches available at all restaurants all day.

Stocks had a quiet September trading day.

They did inch higher as we await the Federal Reserve decision on interest rates and its statement about the economy this afternoon.

The Dow is up 9 points.

Walgreen’s is offering dermatology consultations online.

Customers can create individual profiles on the new skin care section of the chain’s website. They can then privately upload photos of their skin conditions.

A doctor will answer questions, diagnose and even write prescriptions, often within 24 hours. It costs 59 dollars.

And ho, ho huh?

Christmas decorations are already showing up in some stores.

At Macy’s in New York City, holiday lane is open, complete with rows of “The Elf on the Shelf,’’ reindeer cloaked in plaid, and holiday toy-soldiers.

Holiday lights and ornaments will start appearing in Walmart stores over the next two weeks, while Sears will start selling wreaths, stockings and other décor in stores by October 2nd.

For more business headlines from Jane King at the Nasdaq, watch Daybreak Monday through Friday.

Categories: Daybreak, Morning Business Report

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