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Lannett Company, inc (LCI) Q1 2022 Earnings Call Transcript

As prices for insulin skyrocket, Walmart launches affordable brand

sevenstockstudio (NEW YORK) Walmart announced it is launching its own private brand of insulin, which the big box chain says will save customers with diabetes up to 75% on the lifesaving drug. Walmart’s ReliOn brand will sell private label NovoLog short-acting insulin that is manufactured by the pharmaceutical firm Novo Nordisk. The analog insulin vials and pens will save customers between 58% to 75% off the cash price of branded insulin products, or up to $101 per vial or $251 per package of “FlexPens,” the retailer said. The medication will be available in Walmart pharmacies starting this week, and Sam’s Club pharmacies beginning in mid-July.

Walmart to launch private brand of insulin to save diabetic customers money

ABC Columbia The chain says their private brand could save diabetic upwards of 75% on the needed medication Jun 30, 2021 10:21 PM EDT Image: Bloomberg via Getty Images, FILEBloomberg via Getty Images, FILE (ABC News) Walmart announced it is launching its own private brand of insulin, which the big box chain says will save customers with diabetes up to 75% on the lifesaving drug. Walmart’s ReliOn brand will sell private label NovoLog short-acting insulin that is manufactured by the pharmaceutical firm Novo Nordisk. The analog insulin vials and pens will save customers between 58% to 75% off the cash price of branded insulin products, or up to $101 per vial or $251 per package of “FlexPens,” the retailer said.

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