California Atty. Gen. Rob Bonta said that Eli Lilly, Sanofi and Novo Nordisk are finding ways to “aggressively hike” the price of insulin at the expense of many patients.
The California Department of Justice is suing three of the nation’s largest insulin makers over the high cost of the drug, which diabetics need to survive.
The lawsuit, which was filed under the state’s unfair-competition law, also includes pharmacy benefit managers CVS Caremark, Express Scripts and OptumRx as defendants. The companies serve as intermediaries between insurance and pharmaceutical companies.“No company is too big to skirt the law or too large to be held accountable,” Bonta said. “Big Pharma might negotiate drug prices, but as your attorney general, let me be unequivocally clear.
In its lawsuit, the state is seeking remedies that include barring the companies from overcharging patients and restitution for Californians who overpaid for insulin. In an emailed statement, a spokesperson for Eli Lilly said that the company “is disappointed by the California Attorney General’s false accusations.”
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