Drugmaker Novo Nordisk said on Tuesday it would cut list prices for several insulin drugs by up to 75% in the United States, starting Jan. 1, 2024.
it would cut list prices for its most commonly prescribed insulin products by 70%, beginning from the fourth quarter of this year.
High insulin prices by healthcare companies have drawn criticism from lawmakers over the last decade.Novo said it would also reduce the list price of unbranded insulin products to match lowered price of each respective branded insulin.Reporting by Bhanvi Satija in Bengaluru; Editing by Saumyadeb Chakrabarty and Shilpi Majumdar
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