See What HealthDay Can Do For You
Contact Us

Eli Lilly to Sell Cheaper Version of Insulin Drug

'Authorized generic' of Humalog 100 to sell for $137.35 per vial, 50 percent lower than list price

insulin vial

MONDAY, March 4, 2019 (Pharmacist's Briefing) -- A cheaper version of Eli Lilly's most popular insulin drug, Humalog, is being introduced by the drug maker.

The "authorized generic" of Humalog 100 will sell for $137.35 per vial, 50 percent lower than the list price for Humalog. An authorized generic is identical to the brand-name drug and made in the same facilities but has a different label, The New York Times reported Monday.

The new product will be called Insulin Lispro and will become available as soon as possible, according to the company. The move comes as drug makers face widespread criticism about the rising costs of prescription drugs.

"This announcement is a great step forward to make insulin more affordable," said Derek Rapp, the chief executive of JDRF, a diabetes advocacy group that receives funding from Eli Lilly, the Times reported. Rapp called on "all other insulin manufacturers to follow Eli Lilly in finding ways to bring down the price of this lifesaving drug."

The New York Times Article

Language

HealthDay

HealthDay is the world’s largest syndicator of health news and content, and providers of custom health/medical content.

Consumer Health News

A health news feed, reviewing the latest and most topical health stories.

Professional News

A news feed for Health Care Professionals (HCPs), reviewing latest medical research and approvals.