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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.
Analysts expect 2015 and 2016 to look healthier as Novo Nordisk benefits from price hikes and new drug launches. In May, it raised prices on insulin drugs by 10%. Growth Estimates. When you have a growing market and take pricing, you typically have a good business, Gal said. Morningstar estimates that the global diabetes market will grow 12% a year over the next five years.