Novo Nordisk will start slashing some U.S. insulin prices up to 75% next year
ovo Nordisk will start slashing some U.S. insulin prices up to 75% next year, following a path set earlier this month by rival Eli Lilly.
Novo also will drop the list price of some unbranded products to match the lower price of the branded insulins., Humalog, and for another insulin, Humulin, by 70% or more in the fourth quarter, which starts in October.Eli Lilly’s Price Cut Is Game-changing. But Insulin Isn’t the Only High Cost for People With Diabetes
Patient advocates have long called for insulin price cuts to help uninsured people who would not be affected by price caps tied to insurance coverage. They have noted that high insulin prices force many people to ration doses, which can be dangerous for their health. Insulin is made by the pancreas and used by the body to convert food into energy. People who have diabetes don’t produce enough insulin.
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