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Minnesota Secures $35 Monthly Insulin Cap in Landmark Settlement with Novo Nordisk

The agreement concludes a multi-year legal battle, ensuring affordable insulin access for Minnesotans and setting a five-year price cap.

  • Novo Nordisk is the third major insulin manufacturer to settle with Minnesota, agreeing to cap monthly insulin costs at $35 for five years.
  • The settlement follows similar agreements with Eli Lilly and Sanofi as part of Minnesota’s lawsuit alleging price-fixing and deceptive practices.
  • Minnesota Attorney General Keith Ellison emphasized the agreement's enforceability, contrasting it with voluntary price cuts that lack binding guarantees.
  • The settlement also includes provisions for free insulin supplies to qualifying low-income residents, addressing broader affordability concerns.
  • Minnesota's efforts reflect growing national pressure for pharmaceutical companies to ensure fair and transparent pricing for essential medications.
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