Posted by Michael Wonder on 26 Sep 2018
Insulin prices could be much lower and drug makers would still make healthy profits
25 September 2018 - As prices for diabetes treatments continue to roil consumers, a new study suggests that manufacturers could make both human and analog insulins at low costs and still pocket a profit.
After analysing expenses for ingredients, production, and delivery, among other things, the researchers contend that the price for a year’s supply of human insulin could be $48 to $71 a person and between $78 and $133 for analog insulins, which are genetically altered forms that are known as rapid or long-acting treatments.
Examples of analog insulins include Humalog, Lantus, and Novolog.
