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Eli Lilly slashed insulin prices, starting a race to the bottom

Eli Lilly announced it is reducing insulin prices after years of criticism that the price of the lifesaving diabetes medication had become unaffordable. The move, made amid efforts by California and others to introduce low-cost insulin options to the marketplace, may Sanofi and Novo Nordisk – the two other major drugmakers that sell insulin – to lower their prices too.
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Eli Lilly slashed insulin prices. This starts a race to the bottom.

When drugmaker Eli Lilly announced Wednesday it will slash the list price for some of its insulin products following years of criticism from lawmakers and activists that the price of the lifesaving hormone had become unaffordable, the news raised questions about what will happen to other efforts to provide low-cost insulin.
United States San Diego San Francisco Inmaculada Hern Debbi Ford Mark Cuban

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