California announces 'manufactures easy insulin on its own' in response to soaring insulin prices

Insulin, which is offered as an injectable drug for diabetics in the United States, is very expensive. Governor Gavin Newsom of California has announced that he has invested a budget of $ 100 million and decided to manufacture this insulin independently in California.

California is going to make its own insulin.

It's simple. People should not go into debt to get life-saving medication. Pic.twitter.com/yB4mpGjtQO

— Gavin Newsom (@GavinNewsom) July 7, 2022

California will start making its own affordable insulin, Governor Gavin Newsom says --The Verge
https://www.theverge.com/2022/7/8/23200404/california-insulin-drug-prices-governor-newsom

In the United States, insulin, the injectable drug needed by diabetics, is very expensive due to 'pharmaceutical patent supply limits,' 'elimination of competing products,' and 'opaque pricing.'

The reason why the insulin market has become hell in the United States is the adhesion of pharmaceutical companies and regulatory agencies-GIGAZINE

by FatCat Anna

Governor Newsom said, 'Nothing symbolizes market failure as much as the cost of insulin,' and diabetics pay $ 300- $ 500 a month for insulin. I pointed out that it is necessary.

Starting in 2020, California has planned a program to partner with manufacturers to manufacture generic drugs, including insulin, or to build their own manufacturing routes and sell them to Californians at low prices. This plan was not progressing slowly due to the response to the new coronavirus, but the Governor's original insulin manufacturing plan may be an opportunity to move the program forward again, IT system. News site The Verge said.

Not only California is trying to counter the rise in insulin, but other states have set a price limit on insulin, such as setting an insulin price limit of $ 100 in Colorado. I am trying to prevent the soaring price.

In addition, the non-profit organization Civia Rx has announced that it is working on a plan to sell insloin for less than $ 30 a bottle, and if approved by the US Food and Drug Administration, it will be as early as 2024. It is said that it will be available in the year.

Governor Newsom hasn't said when California insulin will be available and how much it will cost, but on Twitter, 'California insulin cuts the cost by at least half. It can be suppressed. '