The latest dustup over the rising price of insulin has found its way to a federal court, where several consumers are accusing the three biggest manufacturers — Sanofi, Eli Lilly, and Novo Nordisk (NVO) — of running a coordinated scheme that has caused patients economic harm.

The lawsuit arrives two months after Senator Bernie Sanders (D-Vt.) and Representative Elijah Cummings (D-Md.) asked the Department of Justice and the Federal Trade Commission to investigate the companies for price collusion. They cited a pattern in which prices for insulin often rose in tandem over several years and expressed concern the drug makers conspired to raise prices and, as a result, drove up the cost for patients and taxpayers.

Unlock this article by subscribing to STAT Plus and enjoy your first 30 days free!

GET STARTED

What is it?

STAT Plus is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.

What's included?

  • Daily reporting and analysis
  • The most comprehensive industry coverage from a powerhouse team of reporters
  • Subscriber-only newsletters
  • Daily newsletters to brief you on the most important industry news of the day
  • Online intelligence briefings
  • Frequent opportunities to engage with veteran beat reporters and industry experts
  • Exclusive industry events
  • Premium access to subscriber-only networking events around the country
  • The best reporters in the industry
  • The most trusted and well-connected newsroom in the health care industry
  • And much more
  • Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.

Leave a Comment

Please enter your name.
Please enter a comment.

  • I BEG my Doctor for samples or expired samples as I am unable to afford the Co-Pays on my Prescriptions now. $900.00 per month equals $10,800.00 per year, could you really do this, it would help to cut down on the population for sure. This would be one SUICIDE, I am sure Christ would not consider to be a SIN !!!!!

A roundup of STAT’s top stories of the day in science and medicine

Privacy Policy