Eli Lilly's lower-priced insulin goes on sale amid drug price debate

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A cheaper generic version of the rapid-acting insulin Humalog has hit the market, according to a statement by drugmaker Eli Lilly. The company announced its plans in March amid growing concerns about the soaring prices of drugs, insulin in particular.

The company announced its plans in March amid growing concerns about the soaring prices of drugs, insulin in particular.The prices have led many people with diabetes to cut back on their insulin in order to save on costs, in some cases leading to harmful or even deadly complications.On rising insulin prices, lawmaker tells pharma execs: 'Your days are numbered'At 50% the list price of Humalog, the generic insulin lispro carries a list price of $137.35 per vial, the company said, or $265.

"Charging nearly $140 for a vial of insulin -- a drug that was invented almost a century ago -- is still too high," Ben Wakana, executive director of the nonprofit Patients For Affordable Drugs, said in a statement in March, when Eli Lilly announced the move."Millions of Americans with Medicare or employer coverage will continue to face Eli Lilly's exorbitant list price.

 

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this has nothing to do with the fact that alex azar used to run lilly usa, right?

The would be a wonderful trend - lower prices.

When my wife started using an insulin pump 20 years ago we paid $50 a vial and she uses 3 vials a month. I wish it was 20 years ago.

oh wow Eli Lilly is a hero suddenly. you asshats all is good now don't worry diabetics you'll still struggle to live

Thank you!!! 👏🏾👏🏾👏🏾

Hey, we can’t lower the price of Insulin. But we can make a limited amount of identical product and sell it for less. Makes sense to me!

Shame they had to be shamed into it by congress. Greedy bastards

Lyin’ James Comey got caught again!

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