U.S. drugmaker Eli Lilly and Co announced plans on Monday to sell a half-price v...
- U.S. drugmaker Eli Lilly and Co announced plans on Monday to sell a half-price version of its popular insulin injection Humalog, as it fends off criticism about rising drug prices.
Lilly’s generic insulin product would be called Insulin Lispro, it said, while Humalog, one of the company’s top-selling products with $3 billion in annual sales, will remain available for those wishing to access it through their existing insurance plans. The list price for one vial of Insulin Lispro, which will be sold only in the United States, would be $137.35, Lilly said.
“For people with diabetes, a lower-priced insulin can serve as a bridge that addresses gaps in the system until a more sustainable model is achieved,” Lilly Chief Executive Officer David Ricks said in a statement.
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