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Novo Nordisk to Lower US Insulin Prices

Novo Nordisk announced plans to lower prices for its pre-filled insulin pens and vials by 65-75% starting January 1, 2024. The news follows a similar move recently made by Lilly to cap most of its US insulin costs at $35/month (previous FENIX insight). Below, FENIX provides highlights and insights into Novo’s insulin price cuts, including an updated RAI and basal insulin pricing analysis.

About The Author

Matthew Maryniak

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President of Fenix Group International

Matthew has been a thought leader in the high-growth therapeutic areas of diabetes and cardiovascular medicine since 2006, making regular attendance at large and small CV/met scientific meetings and an architect of novel methods for assessing market opportunities. He has over a decade of experience in leading CV/met consulting engagements, is a published author in PM360 and Diabetes Technology & Therapeutics, and has been quoted in The Pink Sheet on anti-thrombotics.

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