Eli Lilly is capping customers’ insulin costs at $35

By Nacha Cattan
Published 2 Min Read

Daniel Acker from BloombergAn Eli Lilly & Co. logo is seen on a box of insulin medication in this arranged photograph at a pharmacy in Princeton, Illinois, U.S., on Monday, Oct. 23, 2017. Eli Lilly is scheduled to release earnings figures on October 24.

Eli Lilly said it’s cutting prices on its most prescribed insulin by 70% and expanding a program to cap out-of-pocket costs for the medication at $35 per month at participating pharmacies, a move that could make it more accessible to Americans with diabetes.

The list price for non-branded Insulin Lispro Injection will be cut to $25 a vial in May, while some Humalog and Humulin doses will be slashed 70% in the fourth quarter. Newly-launched Rezvoglar will sell at a 78% discount to its so-called biosimilar — Sanofi’s Lantus — starting in April, the company said in a statement Wednesday.

Nacha Cattan
From Bloomberg News

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