The Tricks That Allow Insulin to be So Expensive

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The Tricks That Allow Insulin to be So Expensive

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Old 04-09-2014, 13:28   #1
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Default The Tricks That Allow Insulin to be So Expensive

Always the FDA protecting the $$$ of pharmaceuticals ... The drugs sales dropped for the industry, they raise the price of insulin a captive market. Then FDA rules prevent generic insulin to enter the market.

Insulin Nation » Understanding Insulin Sticker-Shock

Already we are seeing the first shots fired in the battle over generics. In January 2014, Sanofi sued Eli Lilly and Co. for copyright infringement to block a generic version of its popular Lantus insulin. According to a Reuters report, Lilly had informed the FDA that it did not plan on selling its version of insulin glargine until after the patent for Lantus ran out in February 2015. Instead, Sanofi’s lawsuit triggered an FDA rule that automatically blocks the government from approving the Lilly drug for 30 months, a window which would potentially buy Sanofi more time to switch its customers to a new form of Lantus.

Even when generic insulin is available for purchase, people with diabetes shouldn’t expect a price crash, says Kliff. When the patent on metformin expired, prices dropped dramatically, but the same won’t happen with insulin, he says.

“Will it be cheaper? Yes. Will it be 80% cheaper? No,” he says.

The institutional delays for approval of new forms of insulin frustrate Gary Scheiner, a certified diabetes educator and clinical director of Integrated Diabetes Services. He says FDA regulations are driving up the cost of bringing new insulin therapies to market, which in turn can raise prices.

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