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An EpiPen set during a House Oversight Committee hearing on Capitol Hill addressing the price increase of the company’s EpiPen product. Photo: Diego M. Radzinschi/ALM

Mylan NV, manufacturer of the lifesaving allergy medication EpiPen, has agreed to pay $30 million in fines to settle charges by the U.S. Securities and Exchange Commission that the company misled investors by making false accounting statements and disclosures about a Justice Department probe into whether the company had overcharged Medicaid by hundreds of millions of dollars, the SEC announced Friday.

MP McQueen

MP McQueen is editor-at-large, and can be reached at mpmcqueen@alm.com

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