Newsom announces $50-million contract to make California’s own brand of insulin – Los Angeles Times

Source: Newsom announces $50-million contract to make California’s own brand of insulin – Los Angeles Times

Under the deal, a 10-milliliter vial — normally costing $300 — would be made available for the same $30 price it cost the state to manufacture and distribute the drug, according to the governor’s office. Newsom’s office said that as a result of such sharply reduced prices, patients who pay out of pocket for insulin would save between $2,000 and $4,000 annually.