Published 1 year ago

Biden says other companies will slash insulin prices after Eli Lilly move

Summary by Reuters

U.S. President Joe Biden said on Wednesday that other pharmaceutical companies will have to lower their insulin prices in the wake of Eli Lilly's decision to slash its prices for the popular diabetes treatment.

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Reuters

Biden says other companies will slash insulin prices after Eli Lilly move

1 year ago·United Kingdom

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The Washington Post

As Eli Lilly slashes the price of insulin, here’s what to know

The drugmaker says the move will make the medication more accessible, especially for those who have trouble navigating the nation’s “complex health care system.”

1 year ago

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Benzinga

Eli Lilly Slashes Insulin Prices By 70%, Will Other Insulin Makers Follow Suit? - Eli Lilly (NYSE:LLY)

Eli Lilly & Co (NYSE: LLY), in an effort to make it easier for patients to access affordable insulin and navigate the complex healthcare system, announced on Wednesday a 70% reduction in the list price of its most commonly prescribed insulin products.

1 year ago·New York, United States

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WION

Eli Lilly slashes insulin prices. Here's how much a vial will cost now

Pharmaceutical major Eli Lilly said on Wednesday that it would cut the costs of the mostly commonly available insulin by 70 per cent. The company said that it will cap the price of insulin at $35 for people with private insurance. The US President Joe Biden took to Twitter and called the announcement "huge news". "Today, Eli Lilly is heeding my call. Others should follow," the president said.

1 year ago·Noida, India

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NBC News

Eli Lilly announces insulin price cut

Drug maker Eli Lilly announced that it’s cutting the list price of its most commonly prescribed insulin by 70 percent and capping out-of-pocket costs at $35 a month. NBC News’ Kristen Dahlgren shares more about the company’s move, which is being hailed as a huge win for diabetics.

1 year ago·United States

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