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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