Monday, May 20, 2024

California sues drugmakers and PBMs over insulin pricing


The California legal professional normal has filed a lawsuit accusing a number of drugmakers and pharmacy profit managers of conspiring to set costs for insulin, becoming a member of a rising listing of states which have taken such a step as extra and extra Americans wrestle to afford the life-savings diabetes remedy.

The lawsuit alleges that the businesses “unconscionably, deceptively, misleadingly, and artificially” drove up the price of insulin, making the medicine unaffordable for lots of the 3 million state residents with diabetes and inflicting the state authorities to overpay for the medicine. The lawsuit additionally maintained the pricing disproportionately harms low-income communities.

- Advertisement -

Unlock this text by subscribing to STAT+ and take pleasure in your first 30 days free!

GET STARTED





Source link

More articles

- Advertisement -
- Advertisement -

Latest article