California plans to cut the cost of insulin by 90 percent through a new collaboration with Civica Rx, a nonprofit generic drugmaker.
Gov. Gavin Newsom said Saturday that California plans to cut the cost of insulin by 90 percent through a new collaboration with Civica Rx, a nonprofit generic drugmaker, with an eye towards becoming the first state to produce the life-saving medication for its residents.
The contract between Civica Rx and CalRx—a California Department of Health Care Services program—is a 10-year agreement worth $50 million, and covers three forms of insulin: glargine, lispro, and aspart. Pending approval by the U.S. Food and Drug Administration, according to a release from Newsom’s office, a 10-milliliter vial of state-label insulin could soon be offered for no more than $30. Brand-name insulin is sometimes sold for as much as $300 a vial, according to the governor’s office.
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