By Capping Out-Of-Pocket Price, Eli Lilly Could Transform Insulin Market

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In the wake of legislative measures to impose out-of-pocket cost caps on insulin, Eli Lilly will slash the price of two of its insulin products by 70%.

which Eli Lilly posted will take effect in the fourth quarter for Humalog and Humulin, its two biggest-selling insulin products. Apart from this move, the manufacturer stated that as of May 1st it will reduce the list price of an unbranded insulin it sells from $82 to $25 a vial.

It will be interesting to observe whether other insulin-manufacturing companies will follow suit with price reductions. They may have to, as otherwise they could lose a considerable amount of their market share. In addition, it will be intriguing to note how payers and PBMs respond.

 

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They did this begrudgingly, after years of protesting and activism. Let’s not polish their knob too hard.

Thanks entirely to the campaign by Bernie Sanders and activists. Capitalism is obscene.

How about a write-up on vaccines companies and the bonanza they reap in light of recent reports on their effectiveness and side effects? Many are interested to know.

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