California says it will sue the companies that make and promote much of the nation's insulin. Attorneys general in Kansas, Arkansas, Mississippi, Minnesota and Kentucky have all filed similar lawsuits in recent years.
Insulin manufacturers and prescription drug managers often blame each other for these higher prices. Mike DeAngelis, executive director of corporate communications for CVS Health, said the manufacturers alone set the list price for their products.
Representatives for Eli Lilly and Sanofi did not respond to a request for comment. A representative for Novo Nordisk declined to comment on the lawsuit. But the company provided some “background information” saying the net prices for it insulin products have fallen in each of the past five years “in large part to the significant rebates and discounts manufacturers pay to ensure access for patients.
A team of Canadian scientists discovered insulin a century ago. They sold the patent to the University of Toronto for just $1 hoping to avoid a monopoly that could cause high prices. But eventually, the market came to be dominated by just three companies. Today, Wren says he has good health insurance and doesn't have to ration his supply of insulin. He said he skirts the law each month by providing people insulin from someone else's prescription “all so that they don't have to ration."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. Attorney John Lausch to Step Down Early This Year, Attorney General SaysJohn Lausch, who has served as U.S. attorney in the Northern District of Illinois since 2017, is planning to leave the office in “early 2023,” U.S. Attorney General Merrick Garland announced during an unrelated press conference Thursday.
Read more »
California attorney general clears LAPD officer in shooting using controversial 'expert'California Atty. Gen. Rob Bonta’s office cleared LAPD Officer Toni McBride of wrongdoing in the fatal 2020 shooting of Daniel Hernandez.
Read more »
Special counsel decision looms over Biden documents probeAttorney General Merrick Garland will eventually have to decide whether to appoint a special counsel on the Biden classified documents probe — while leaning on guidance from a Trump-appointed U.S. attorney.
Read more »
Court reverses reprimand, fine for assistant Alabama Attorney General in death penalty caseThe appeals court ruling comes after Assistant Alabama Attorney General Lauren Simpson was formally reprimanded in a lower court’s order in 2021 and fined $1,500.
Read more »
California shove: Democratic battle for Senate gets ugly start — before incumbent announces future plansThe race for one of California’s Senate seats is underway after Rep. Katie Porter (D-CA) announced her intent to run in the 2024 election, setting the stage for a tight battle between her and Rep. Adam Schiff (D-CA) — before incumbent Sen. Dianne Feinstein (D-CA) has even announced whether she…
Read more »
Alabama attorney general says women could be prosecuted over abortion pillsAlabama Attorney General Steve Marshall suggested women who use abortion pills could be prosecuted under a law first passed to protect children from meth lab fumes.
Read more »