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often use as justification for the exorbitant prices they charge for the drugs. It is the seventh leading cause of death in the.S. Insulin is a cold chain, or temperature sensitive, product. Facebook page regarding this problem, which encouraged us to take a closer look. If you are currently a resident of the United States, please reach out at and let us know. And cost the country 245 billion last year. We have heard from many RxRights advocates who are in dire straits because they need continued access to affordable insulin. A few big pharmaceutical firms dominate the insulin market due to lengthy patents and lack of generic competition. When she was trying to find out further information about the price increase, she was told by her insurance company to expect the drug to go up 25 percent more in December. Normally, we point consumers to Canadian and other international online pharmacies when.S. Drug prices are too much to bear.
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Overall drug spending is slightly down due to generic drug utilization being. Many Canadian pharmacies recently stopped selling insulin to Americans after the FDA sent warning letters to firms like CanaRx (the leading supplier of cheaper medication for Maine residents) regarding concerns that the drug could not be shipped safely. Whats going on here? They are jacking the prices to squeeze the most profit out of the drugsat the consumers expense. Have you recently experienced dramatic increases in the price of your needed medications? Insulin is a biologic drug, which means that it is made up of living organisms rather than chemical compounds. Unfortunately for American consumers, the response to this criticism has been for many international pharmacies to stop providing insulin to Americans altogether. Diabetes is an expensive and deadly disease.
Insulin, one of the primary treatments for diabetes, has been around since the 1920s. Diabetes is a chronic disease that afflicts.8 million Americans. It looks like we have a classic example of pharma executives raising drug prices just for the hell of it! One of our advocates recently left a comment on our. Please tell us more about it by commenting below. In addition, Novo Nordisk has also increased the price of Levemir, another common insulin treatment, by 10 percent. News reports indicate that the cost of Lantus, a top-selling insulin produced by Sanofi, has gone up twice already this year, first 10 and then 15 percent. And generic competition isnt too far off for many of these drugs. Stop paying too much for your prescriptions. Critics like the FDA have pointed out that foreign pharmacies cant effectively control shipping conditions to the point of delivery, meaning that safety cant be absolutely guaranteed. Weve had anecdotal evidence from a consumer of a big price hike on her Humalog insulin this year.