Lynn Fitch, Mississippi Attorney General (Rogelio V. Solis/AP Images)
Mississippi sues Eli Lilly, Sanofi and Novo over insulin prices as interchangeable biosimilars may arrive soon
Mississippi Attorney General Lynn Fitch last week sued the top three insulin manufacturers, which collectively cover almost the entire US insulin market, alleging that they’ve colluded to raise their prices in lockstep, and in some cases by more than 1,000% for drugs that are decades old.
“Because of Manufacturer Defendants’ collusive price increases, nearly a century after the discovery of insulin, diabetes medications have become unaffordable for many diabetics,” the lawsuit says.
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