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Sun Mar 19, 2023, 01:43 AM

Newsom announces $50-million contract to make California's own brand of insulin

Gov. Gavin Newsom announced a new $50-million contract with the nonprofit generic drugmaker Civica to produce insulin under the state’s own label during a news conference Saturday in Downey.

Newsom originally declared his intent to produce generic drugs three years ago in an attempt to lower the cost of pharmaceutical products for Californians who struggle to afford often life-saving medication. Pending approval by the U.S. Food and Drug Administration, the deal with Civica would provide the first pharmaceutical product made under the CalRX brand of generic drugs.

Under the deal, a 10-milliliter vial — normally costing $300 — would be made available for the same $30 it costs 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.



https://www.latimes.com/california/story/2023-03-18/newsom-announces-50m-contract-to-make-californias-own-brand-of-insulin

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Reply Newsom announces $50-million contract to make California's own brand of insulin (Original post)
RandySF Mar 19 OP
vanlassie Mar 19 #1
BlueWaveNeverEnd Mar 19 #2
Hekate Mar 19 #4
Hekate Mar 19 #3
brush Mar 19 #5
TreasonousBastard Mar 19 #6
Raine Mar 19 #7
Phoenix61 Mar 19 #8

Response to RandySF (Original post)

Sun Mar 19, 2023, 01:50 AM

1. Hmm.... Abortion pills next!

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Response to vanlassie (Reply #1)

Sun Mar 19, 2023, 02:12 AM

2. good idea

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Response to vanlassie (Reply #1)

Sun Mar 19, 2023, 02:29 AM

4. +1000000

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Response to RandySF (Original post)

Sun Mar 19, 2023, 02:27 AM

3. Excellent news!

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Response to RandySF (Original post)

Sun Mar 19, 2023, 02:57 AM

5. Ok, do the same with abortion pills.

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Response to RandySF (Original post)

Sun Mar 19, 2023, 04:08 AM

6. I suspect insulin is seen as an easy way to get into a cheap drug...

market.

Abortion pills, boner pills--anything ready to raise a ruckus and avoids patent problems is ripe for this kind of action.

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Response to RandySF (Original post)

Sun Mar 19, 2023, 05:41 AM

7. Sounds like a good idea. 👍 nt

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Response to RandySF (Original post)

Sun Mar 19, 2023, 10:09 AM

8. Because when you're rocking the 6th largest economy

on the planet you can leverage it to do really cool things like that.

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