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Arcana Arzneimittel GmbH based in Germany  Generics Pharma Hellas based in Greece  Gerard Laboratories based in Ireland  Docpharma - generic pharmaceutical distribution company based in Belgium,  the Netherlands and Luxembourg  Corporate headquarters[ edit ] Founded in , the company was first located in an abandoned skating rink in White Sulphur Springs , West Virginia. Finally in it moved to a new office center in nearby Southpointe , a suburban business park located in Cecil Township , where it is still located. Their final stock move was in , when their stock became available for trade on the New York Stock Exchange under the ticker symbol MYL. History[ edit ] Founding to [ edit ] Mylan Pharmaceuticals was founded as a drug distributor in by Milan Puskar and Don Panoz. The board hired Roy McKnight as board chairman, who convinced Puskar to return in Bolar Pharmaceutical had the first generic version approved in ,  but it turned out that Bolar had fraudulently substituted Dyazide for its own version to conduct studies that were submitted to the FDA. By the FDA rescinded its approval based on its suspicions and filed criminal charges against Bolar, to which Bolar eventually pled guilty in Their product was called Maxzide and was approved in Mylan hired private investigators to examine its competitors' practices, and when it found evidence of corruption, it submitted it to the House Oversight and Investigations Committee , which investigated and found fraud and corruption within the Food and Drug Administration 's generic drugs division and at other generic companies. In Mylan renamed the company Mylan Technologies Inc. Mylan had entered into an exclusive agreement with Profarmica, an Italian company that supplied drug ingredients, after which Mylan's competitors had higher prices and a diminished supply of raw ingredients for lorazepam and other drugs. The parties called off the deal in February The deal gave Mylan access to markets in India and China and was completed in January the next year. The deal was completed that October and tripled the size of Mylan. The Post-Gazette regrets if any reader of the article thought otherwise. The program requires drug companies to give rebates to states under Medicaid and the rebates are higher for new drugs than for generics; the suit said that the companies sold new drugs but paid rebates as if they were generics. To participate in the program schools had to agree not to buy epinephrine autoinjectors from any other company for a year, a requirement which a Mylan spolesperson said is no longer part of its program. Gayle Manchin, the mother of Mylan's CEO, Heather Bresch, had become president of the association in , and shortly after had discussed donations from her "daughter's company" to the association. Manchin had been appointed to the West Virginia state school board by her husband, then-governor of the state Joe Manchin , in In a statement, Mylan said, "There is no truth to the suggestion that the company's efforts were anything but straightforward or that we are aware of anyone advocating inappropriately for the right of schoolchildren to have access to potential life-saving medicine. Too few shareholders agreed to sell their stock by the deadline set in November and the effort failed. The complaint alleged price collusion schemes between six pharmaceutical firms including informal gatherings, telephone calls, and text messages.
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