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#Eli Lilly
animentality · 1 year
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Viva la resistance.
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liberalsarecool · 1 year
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#Insulin will be capped at $35 per month for everyone. Thank you, Joe Biden and Democrats.
Republicans voted against this. Never forget.
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one of my favorite things about Elon Musk's purchase of Twitter is that he made it so that anyone who gave Twitter $8 could get the blue checkmark that indicates that the user is verified, so people on Twitter started paying for the verification check so they could impersonate tons of corporations on Twitter and tweet shit that cost some of the corporations billions of dollars in stock
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Alternate Text: A Tweet from an account with the Eli Lilly profile picture, handle (EliLillyandCo), and account name and a blue checkmark that says "We are excited to announce insulin is free now." (Eli Lilly is a pharmaceutical company notorious for jacking up prices/making drugs not affordable)
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Alternate Text: a picture of the what Google shows when you search up "Eli Lilly stock," mainly a graph that starts out at nearly $370, steadily decreases to below $350 until a little before 12:00 pm, briefly climbs back up to just past $350 at just after 12:00 pm, and then continues climbing down. The graph is in red. Above the graph, the header says "352.30 USD: -16.08 (4.37%) down today"
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Alternate Text: A Tweet from an account with the Lockheed Martin profile picture and account name, the handle LockheedMartini, and a verified checkmark that says "We will begin halting all weapons sales to Saudi Arabia, Israel, and the United States until further investigation into their record of human rights abuses. #WeAreLM" There is a picture of a jet flying in a blue sky with wispy clouds attached to the Tweet.
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Alternate Text: a picture of the what Google shows when you search up "Lockheed Martin stock," mainly a graph that starts out at nearly $480 and is rapidly decreasing to just above $460 by 4:00 pm. The graph is in red. Above the graph, the header says "463.86 USD: -26.91 (5.48%) down today"
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Alternate Text: two pictures, three Tweets total. The Tweet in the picture on the left comes from an account with the Nestlé name and profile picture, the handle NestleDeathCult, and a blue checkmark. The Tweet says "We steal your water and sell it back to you lol"
There are two Tweets in the picture on the right that both come from an account that has the Chiquita account name, profile picture, and handle (Chiquita) as well as a verified checkmark. The Tweet on the top reads "We've just overthrown the government of Brazil." The Tweet on the bottom reads "We apologize to those who have been served a misleading message from a fake Chiquita account. We have not overthrown a government since 1954."
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Just a reminder that Eli Lilly has an Insulin Value Program that caps Insulin at $35. If you have insurance, it should be capped automatically. If you pay cash, you need to download a savings card. Why they don't just make it $35 full stop I don't know. I just want to remind people if they are still paying full price for insulin. Get the card here:
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mysharona1987 · 1 year
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eternalistic · 1 year
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thoughtportal · 1 year
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Eli Lilly cuts the price of insulin, capping drug at $35 per month out-of-pocket 
https://www.npr.org/2023/03/01/1160339792/eli-lilly-insulin-price
Eli Lilly will cut prices for some older insulins later this year and immediately expand a cap on costs insured patients pay to fill prescriptions.
The moves announced Wednesday promise critical relief to some people with diabetes who can face annual costs of more than $1,000 for insulin they need in order to live. Lilly's changes also come as lawmakers and patient advocates pressure drugmakers to do something about soaring prices.
Lilly said it will cut the list price for its most commonly prescribed insulin, Humalog, and for another insulin, Humulin, by 70% in the fourth quarter, which starts in October. The drugmaker didn't detail what the new prices would be.
List prices are what a drugmaker initially sets for a product and what people who have no insurance or plans with high deductibles are sometimes stuck paying.
Patient advocates have long called for insulin price cuts to help uninsured people who would not be affected by price caps tied to insurance coverage.
Lilly's planned cuts "could actually provide some substantial rice relief," said Stacie Dusetzina, a health policy professor at Vanderbilt University who studies drug costs.
She noted that the moves likely won't affect Lilly much financially because the insulins are older and some already face competition.
"It makes it easier for Lilly to go ahead and make these changes," she said.
Lilly also said Wednesday that it will cut the price of its authorized generic version of Humalog to $25 a vial starting in May.
The cost of a prescription for generic Humalog ranges between $44 and close to $100 on the website GoodRx.
Lilly also is launching in April a biosimilar insulin to compete with Sanofi's Lantus.
Lilly CEO David Ricks said in a statement that it will take time for insurers and the pharmacy system to implement its price cuts, so the drugmaker will immediately cap monthly out-of-pocket costs at $35 for people who are not covered by Medicare's prescription drug program.
The drugmaker said the cap applies to people with commercial coverage and at most retail pharmacies.
Lilly said people without insurance can find savings cards to receive insulin for the same amount at its InsulinAffordability.com website.
The federal government in January started applying that cap to patients with coverage through its Medicare program for people age 65 and older or those who have certain disabilities or illnesses.
American Diabetes Association CEO Chuck Henderson said in a statement he applauded the steps Lilly was taking and called for other insulin makers to also cap patient costs.
Aside from Eli Lilly and the French drugmaker Sanofi, other insulin makers include the Danish pharmaceutical company Novo Nordisk.
Neither company immediately responded to a request for comment Wednesday morning from The Associated Press.
Insulin is made by the pancreas and used by the body to convert food into energy. People who have diabetes don't produce enough insulin.
People with Type 1 diabetes must take insulin every day to survive. More than 8 million Americans use insulin, according to the American Diabetes Association.
Research has shown that prices for insulin have more than tripled in the last two decades, and pressure is growing on drugmakers to help patients.
President Joe Biden brought up the cost cap during his annual State of the Union address last month. He called for insulin costs for everyone to be capped at $35.
The state of California has said it plans to explore making its own cheaper insulin. Drugmakers also may face competition from companies like the nonprofit Civica, which plans to produce three insulins at a recommended price of no more than $30 a vial, a spokeswoman said.
Drugmakers may be seeing "the writing on the wall that high prices can't persist forever," said Larry Levitt, an executive vice president with the nonprofit Kaiser Family Foundation, which studies health care.
"Lilly is trying to get out ahead of the issue and look to the public like the good guy," Levitt said.
Indianapolis-based Eli Lilly and Co. became the first company to commercialize insulin in 1923, two years after University of Toronto scientists discovered it. The drugmaker then built its reputation around producing insulin even as it branched into cancer treatments, antipsychotics and other drugs.
Humulin and Humalog and its authorized generic brought in a total of more than $3 billion in revenue for Lilly last year. They rang up more than $3.5 billion the year before that.
"These are treatments that have had a really long and successful life and should be less costly to patients," Dusetzina said.
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sam-keeper · 1 year
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A single joke tweet dropped pharma giant Eli Lilly's stock value by $15,000,000,000. Inside the aesthetics and strategies of Parafiction: the hoax as activist art.
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2ndgengeek · 1 year
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sanguinesucker · 1 year
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animentality · 1 year
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contac · 2 years
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nerts · 1 year
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aunti-christ-ine · 1 year
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soupwife · 1 year
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