Major Drugmaker to Drastically Reduce Insulin Prices in United States
Drugmaker Novo Nordisk has announced that it will significantly reduce insulin prices in the United States beginning next year—a relief for Americans struggling with high prices.
Denmark-based Novo Nordisk will lower U.S. prices of several pre-filled insulin pens and vials by up to 75 percent for people living with Type 1 and Type 2 diabetes, the company said in a press release on Mar. 14. The new prices will come into effect on Jan. 1, 2024. The company’s Novolin and Levemir legacy insulin brands will see a price cut of 65 percent from their current list price. The other two legacy insulin brands, NovoLog and NovoLog Mix 70/30, will see prices reduced by 75 percent….