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Individuals most impacted by the rising cost of insulin are the uninsured and the under-insured. These patients are forced to pay the ever-increasing retail sale price (which is increasing due to a variety of factors, including increased wholesale price) or a percentage of this price when buying insulin.
According to Karen Riley of the Food and Drug Administration, insulin is a biologic drug, and that manufacturing process is different than other drugs. Therefore, insulin is not afforded the same privileges as other generics under the Hatch-Waxman Act.In an interview with dLife, Andrea Hofelich, a spokesperson for the Generic Pharmaceutical Association (GPhA), says the FDA has yet to put forth a guidance for the approval of generic insulin.ow-Cost Insulin Already Available. Another option is to use name-brand insulins at fraction of the cost. In addition to its line of generic drugs for $4, Wal-Mart also carries the ReliOn /Novolin line of insulins. ReliOn /Novolin is manufactured for Wal-Mart by Novo Nordisk, and is available in three formulations: