AG James Secures Another Agreement to Cap Insulin Prices for Uninsured New Yorkers

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  • New York AG Letitia James entered an agreement with Novo Nordisk Inc. to resolve an investigation into insulin marketing and pricing practices.
  • Under the terms of the agreement, Novo Nordisk will cap the price of their insulin products at $35 per monthly prescription for uninsured New Yorkers for a period of five years. The company also agreed to implement a streamlined process for notifying uninsured patients of their eligibility for the $35 monthly cap before they pay at the pharmacy counter and to continue providing free insulin to the highest-need consumers.
  • As previously reported, AG James reached similar price cap agreements with insulin manufacturers Eli Lilly and Company and Sanofi-Aventis U.S. LLC.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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