BREAKING: U.S. drugmaker Eli Lilly said it would reduce prices by 70% for its most commonly prescribed forms of insulin
FILE PHOTO: An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. REUTERS/Mike Segar/said on Wednesday it would reduce prices by 70% for its most commonly prescribed forms of insulin.
The U.S. drugmaker said the reduced prices for its branded insulin injections, Humalog and Humulin, will be effective from the fourth quarter of this year. Lilly also said it was cutting the price for its non-branded insulin injection Lispro to $25 a vial and will take steps to expand its Insulin Value Program, which caps out-of-pocket costs for patients at $35 or less per month.
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