Pfizer, Subsidiaries Agree to Pay $345M in EpiPen Settlement EpiPens, auto-injectable devices that deliver the drug epinephrine, are used for emergency treatment of a life-threatening allergic reaction Published July 15, 2021 AP Pfizer Inc. and two of its subsidiaries have agreed to pay $345 million under a proposed settlement to resolve lawsuits over EpiPen price hikes. In documents filed Thursday in federal court in Kansas City, Kansas, the New York-based Pfizer and its subsidiaries — Maryland-based Meridian Medical Technologies Inc. and Tennessee-based King Pharmaceuticals — asked the court to grant preliminary approval to the settlement, Kansas City's NPR station KCUR-FM reported. Don't miss local breaking news and weather. Download