Insulin price cuts could end up making money for US drugmakers

Potentially avoiding paying multimillion-dollar rebates to US healthcare program Medicare, Novo Nordisk and Eli Lilly could actually increase profits by slashing insulin prices.
Photo: Joe Raedle/AFP/Ritzau Scanpix
Photo: Joe Raedle/AFP/Ritzau Scanpix
By Ilena Peng and Emma Court, bloomberg

The world’s biggest makers of insulin are likely to make more money, not less, even after slashing prices by as much as 75% due to US government pressure.

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