California will make its own insulin to combat high drug prices, governor says

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California will make its own insulin to combat high drug prices, governor says
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Gov. Gavin Newsom announced that he approved a budget that allocates $100 million for the state to create its own insulin, a response to extremely high prices for the life-saving medication that have made it inaccessible to some people with diabetes.

The rising prices have been an issue for years, leading some to attempt to ration whatever insulin they can afford. In one instance, a 26-year-old man's family said he died after he tried to ration insulin and fell into a diabetic coma in his home.in 2019. "He would be here if his life-saving medication was priced at a reasonable rate.

Responding to questions about the report from CBS News at the time, Novo Nordisk and Eli Lilly cited programs they had developed to lower costs for some people. Novo Nordisk said it has a patient assistance program that provides free insulin to some low- and middle-income people. The company noted that reform "will take time so we will continue to do what we can to help people who need us now."

Eli Lilly said that the "average monthly out-of-pocket cost for Lilly insulin has decreased 44%, to $21.80, over the past five years," noting that it also has programs to help people facing higher costs.

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