Minnesota Attorney General sues 3 large insulin manufacturers

Remaining Ad Time Ad - 00:00

ST. PAUL, MN–Minnesota is suing three of the world’s largest insulin manufacturers for raising the price of the life saving drug.

Attorney General, Lori Swanson is suing for what she calls “deceptive, misleading, and misrepresentative list prices.”

Drug manufacturers typically must negotiate with pharmacy benefit managers, or “pbms”-those pbms are middlemen in the pharmaceutical supply chain.

Swanson alleges to make money, manufacturers set “phony” list prices that are artificially high – so they can offer greater rebates to pbms and still maintain their profits.

Recently, a mother from New York lost her son due to what she says- the high demanding cost of insulin a month to keep him alive.

Kaitlyn Moffett

Kaitlyn Moffett

TOP STORIES

KBJR 6 Weather Authority

Ashland
24°
Hayward
22°
Superior
26°
Hibbing
24°
International Falls
25°
Grand Marais
23°
Ironwood
23°
Siren
Solon Springs
23°
Munising
27°
Brainerd
27°
Bemidji
17°
Aitkin
25°
Silver Bay
28°
Cloquet
27°
Cook
27°
Ely
27°
Grand Rapids
26°
Mora
19°
Moose Lake
28°
Orr
27°
Two Harbors
27°
Hinckley
21°
Connect with KBJR 6
Top Stories
Scroll to top
Skip to content