Lillypad announced that it is launching a Lantus equivalent biosimilar at 78% discount to Lantus starting April 1, 2023. And it’s also interchangeable with Lantus.
Sanofi has already a Lantus authorized generic at 70% discount to Lantus launched last year. Let the price drops due to competition begin! It’s good for patients.
While I don’t know why these manufacturers are finally acting in this manner after years of increasing prices in lock step, the reasons don’t matter as much to me. It’s good news.
We still need policy changes at federal level to make sure these price cuts are enduring.
And to make sure we can lower the prices of other new drugs, especially in my field of cancer where launch prices are sky high.
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Insulin manufacturers voluntarily slashing list prices of insulin is monumental— a result of advocacy by patients, advocates like @NSmithholt12 & leaders like @SenSanders
@novonordiskus will cut list price of NovoLog by 75% and Levemir by 65%. Starts January 2024.
Next up, I hope @SanofiUS will follow suit. They make the best seller Lantus.
We also need policy changes at federal level to make this relief enduring and to make sure manufacturers don’t hike prices again. To help all other prescription drugs.
This is just in time for @PayorDieFilm premiering March 11 and will shine a light on the huge amount of suffering patients have endured for years due to the cost of insulin.
You try to fix one, they point to the other broken parts and say it’s not going to work because so much else is broken.
You can’t fix it all because the opposition to change will naturally now come from all quarters.
It’s just very difficult. And needs enormous will.
If insulin can be expensive then you know it can happen to any drug old or new. If we understand why insulin is expensive you also understand many of the factors involved.