The decision to cut U.S. list prices for several insulin products comes as political pressure mounts on drug companies to make these life-sustaining diabetes treatments more affordable
as political pressure mounts to make these life-sustaining diabetes treatments more affordable.
Around 8.4 million of the 37 million people in the United States with diabetes use insulin, according to the American Diabetes Association. The Danish drugmaker will reduce the list price of its NovoLog insulin by 75 per cent, and for Novolin and Levemir by 65 per cent. The company said the financial impact of the move was uncertain.
“I think it is a relatively natural consequence of what we have seen their competitor Eli Lilly do. We know there has been political pressure on this issue in general, it is a focus area in the U.S., especially for uninsured patients,” Jyske Markets analyst Henrik Hallengreen Laustsen said.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Risk management aspect of focusing on price - constructconnect.com - Daily Commercial NewsWhat all the focus on price competition ignores is that price is only one component of the overall competition. Price-related competition ignores the fact a sales contract is as much about the allocation of the risk as the fixing of the price. By focu
Read more »
Trans Mountain expansion's price tag surpasses $30-billion threshold'Buying and building this pipeline will go down in the history books as one of, if not the, worst infrastructure decision a Canadian government has ever made,” said Greenpeace Canada senior energy strategist Keith Stewart.
Read more »
Safe-haven demand powers gold price sharply upSenior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
Read more »
Sudbury gas drops in price since last week, now at 140.6Ontario gas price average is 144.7
Read more »
Mining stocks have a +85% upside, and this could triple the gold price – Tavi CostaTavi Costa, Portfolio Manager and Partner at Crescat Capital, joins Ernest Hoffman, Reporter at Kitco News, to discuss gold miners, the gold price, and his o...
Read more »
Bitcoin price jumps 21% in 24 hours, trades above $24kCrypto prices surged higher following President Biden’s announcement of a backstop for bank deposits, propelling Bitcoin above $24k.
Read more »