, Columnist
Cheaper Insulin Is a Big Victory for Patients
Political pressure and public scrutiny seem to be making a difference.
Photographer: George Frey/Bloomberg
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The debate over drug pricing has featured complicated arguments over profit, innovation, and fairness. At the end of the day, it’s all about patients being able to afford medicine – and Monday brought one of the biggest victories yet on that front.
Eli Lilly & Co. announced that it's launching an authorized generic version of its best-selling insulin Humalog and that the list price of the drug – the pre-discount sticker price of the medicine – will be 50 percent lower than the current prescription brand. A vial of the new cheaper product will cost $137.35.
