Eli Lilly to offer half-price insulin for people with type 1 diabetes

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Eli Lilly to offer half-price insulin for people with type 1 diabetes
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Drugmaker Eli Lilly and Co announces plans to sell a half-price version of its popular insulin injection Humalog, as it fends off criticism about rising drug prices in the US.

Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.Drugmaker Eli Lilly and Co announced plans on Monday to sell a half-price version of its popular insulin injection Humalog, as it fends off criticism about rising drug prices in the United States.

The list price for Insulin Lispro, to be sold only in the United States, would be $137.35 per vial, Lilly said, adding that could make insulin more affordable for uninsured patients or those with high-deductible insurance plans. "For people with diabetes, a lower-priced insulin can serve as a bridge that addresses gaps in the system until a more sustainable model is achieved," Lilly Chief Executive Officer David Ricks said in a statement.

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