The state has a budget of $100 million to develop and manufacture low-cost insulin.
$50 million will go towards the development of low-cost insulin products and the other $50 million will go towards a California based insulin manufacturing facility.
The governor says this will make insulin more affordable and more available to the public. He says on average people spend $300 to $500 a month on insulin; with California making its own supply, that cost would be cut in half. "Because in California we know that people should not go in debt to receive lifesaving medication," Newsom stated. All the news you need to know, every day
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