#eli lilly and co

[marlinspirkhall]

You know what, if this whole twitter blue thing manages to make insulin affordable, then it would all be worth it.

[mysharona1987]

Getting fact checked by your own website that you paid 44 billion dollars for.

[reasonsforhope]

"Sanofi on Thursday said it’s planning to cut the U.S. price of its most popular insulin drug by 78% and cap monthly out-of-pocket costs at $35 for people who have private insurance starting next year. 

In addition to its widely prescribed Lantus, the French drugmaker will reduce the list price of its short-acting insulin Apidra by 70%. Sanofi already offers a $35 monthly cap on insulin for uninsured diabetes patients.

The company is the last major insulin manufacturer to try to head off government efforts to cap monthly costs by announcing its own steep price cuts for the lifesaving hormone. 

Eli Lilly and Novo Nordisk made similar sweeping cuts earlier this month after years of political pressure and public outrage over the high costs of diabetes care. The three companies control over 90% of the global insulin market. 

... The change takes effect Jan. 1.

President Joe Biden’s Inflation Reduction Act capped monthly insulin costs for Medicare beneficiaries at $35, but it did not provide protection to diabetes patients who are covered by private insurance.

Sen. Bernie Sanders, a Vermont independent and the chairman of the Senate Health, Education, Labor and Pensions Committee, introduced a bill earlier this month that would cap the list price of insulin at $20 per vial.

Both the president and Sanders on Tuesday directly called on Sanofi to slash its prices after Novo Nordisk announced its own cuts that day.

Roughly 37 million people in the U.S., or 11.3% of the country’s population, have diabetes, according to the Centers for Disease Control and Prevention. Approximately 8.4 million [U.S.] diabetes patients rely on insulin, the American Diabetes Association said."

-via CNBC, 3/16/23

[high-quality-tiktoks]

Rare W!!!

[bdsmess]

so (: i bought it(:

[unashamedly-enthusiastic]

This is how we do it

[ballad-of-caius]

Twitter Blue just cost one of largest producers of insulin billions of dollars

I am SCREECHING

[thoughtportal]

[ericswiftie]

The Twitter collapse costing big pharma and Elon money over $8 is hilarious 🤣😹

[corporationsarepeople]

Next level:

[slowtovvn]

Big News.

[mysharona1987]

When Elon is shitty and utter inept but his actions unintentionally led to Eli Lilly and co facing a massive dose of karma and PR backlash that might make them back down on insulin price gouging.

“Eli Lilly and Co are reportedly furious with Elon.”

What is this, Freddie vs Jason for the corporate world?

[cheerfulnihilismqualitysuffering]

It's wild that parody accounts can have such real consequences for corporations.

Also wild that they are just frankly mentioning the very real and horrifying financial decisions that these companies have made, that have killed so many innocent people in the name of the almighty dollar.

I'm confused. I thought we all already knew they were doing this shit and we were done with it. What - is it mentioning it out loud that makes it bad?

[thepl-ace-icallhome]

a comedy in four parts

[lilithsaintcrow]

Eli Lilly did not "cut" or "cap" the price of insulin. The pharma giant bitterly resisted before being FORCED by US government regulation to stop price-gouging some kinds of insulin. The mainstream media puff pieces are doing their best to elide this.

Eli Lilly was FORCED to stop killing people by price-gouging insulin after a hard-fought campaign where they did everything possible, mobilizing all their lobbying resources, to resist and continue harvesting blood money for their shareholders.

And it's not even an entire victory because they cut the price on "older" insulin and capped the price for insured patients.

It's not that we can't celebrate, but let's be clear how much further there is to go and what kind of resistance they're going to start throwing lobbying and PR money at now to make up for the "loss" of their truly obscene profits.

[liketaylorswift]

THE ELI LILLY COMPANY CAPPED THE PRICE OF INSULIN AT $35!!!!!!