California announces partnership with drug manufacturer to create affordable insulin: ‘Game changer’ – By Elizabeth Pritchett (FOX Business) / Mar 19 2023
Gov. Gavin Newsom said a 10-milliliter vial of insulin would sell for $30 under the partnership with Civica Rx
California Gov. Gavin Newsom announced a 10-year partnership Saturday with nonprofit drug manufacturer Civica Rx to produce an affordable, state-branded insulin with the intentions of rivaling longtime producers and lowering prices for millions of Americans.
Newsom said he hoped the Golden State’s emergence as an insulin-maker would cause prices to collapse, as research shows they have more than tripled over the past couple of decades.
“We are intent to make this about market disruption,” Newsom said during the announcement at a pharmaceutical warehouse near Los Angeles.
The Democratic governor said the partnership will be “a game changer” for the 8 million Americans who use insulin to treat diabetes, advertising that a 10-milliliter vial would sell for $30.
