Lilly Insulin

An Eli Lilly spokesperson said numerous factors are considered when pricing insulin — the cost to produce the product, required expertise, and scientific and medical preciseness. 

IBJ and others reporting this morning that Lilly is nixing 3,500 jobs worldwide, saying the move, "will help it reduce fixed costs and invest more in the next generation of medicines." 

Find the full piece here and our reporting on insulin price increases below. 

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