There are endless possibilities, depending on which training effect you want to elicit.
If you want to improve speed endurance, then run at faster than mile pace with a longer rest (60 seconds or slowly jog for 200m). Example workout: 10-16 x 200m @ 800-1500m pace with a 200m slow jog recovery.
If you want to make the workout more specific to the mile, then shorten the rest and run at mile pace. Example workout: 2 x 8 x 200m @ mile pace with a 30-40 second static recovery (full recovery between sets).
If you want to focus more on vo2 max or 5k pace, you could shorten the rest even more or "float" the recovery period, while slowing down the rep pace. You can also increase the volume. Example workouts:
25-30 x 200m @ 5k pace with 20-30 seconds static recovery.
20-25 x 200m @ 5k pace with a 100m jog recovery.
15-20 x 200m @ 5k pace with a 200m float recovery (@ HM-Marathon pace).