Wal-mart's war on insulin prices

Started by ergophobe, June 29, 2021, 10:56:41 PM

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ergophobe

https://www.cnbc.com/2021/06/29/walmart-unveils-low-price-analog-insulin-amid-rising-diabetes-drug-costs.html

QuoteStarting this week, the retailer will sell an exclusive private-label version of analog insulin, ReliOn NovoLog, to adults and children who have a prescription. The drug will be available at its membership-based Sam's Club in mid-July. The insulin will cost about $73 for a vial or about $86 for a package of prefilled insulin pens... The price difference with branded competitors will be as much as $101 per vial of insulin or up to $251 per pack of prefilled insulin pens, Pegus said.

Rumbas

So it's a private label of Novo Nordisk's insulin? Interesting.

rcjordan

Holy crap.

"More than 34 million people in the U.S. — or nearly 11% of the population — have diabetes, and about 1.5 million Americans are diagnosed every year, according to the American Diabetes Association. That percentage is about 14% among Walmart shoppers, said Warren Moore, Walmart's vice president of health and wellness, on a call."