The Insulin Pricing Wars Are Just Getting Started ...Middle East

News by : (The New Republic) -
On Wednesday the pharmaceutical company, Eli Lilly, announced it would significantly lower the list price of some of its most common insulin products and cap the out-of-pocket patient costs to $35 per month. The decision to lower prices follows years of advocacy and political pressure to make insulin more affordable. Although the manufacturing costs of insulin have remained mostly the same, the cost of the four most commonly used types of insulin has tripled in the last decade resulting in roughly one in four diabetics reporting rationing their insulin because of cost. On the surface, Eli Lilly’s announcement is wonderful news to the millions of patients who are reliant on their medicine. Bu

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