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Arkansas Sues Drugmakers, Pharmacy Benefit Managers Over Insulin Costs | Top News



(Reuters) – Arkansas’s attorney general on Wednesday accused drugmakers and pharmacy benefit managers of colluding to drive up the price of insulin drugs, the latest in a series of lawsuits to take aim at skyrocketing insulin costs.

The lawsuit, filed in Pulaski County, Arkansas state court, targets Eli Lilly and Co, Novo Nordisk A/S and Sanofi SA, which together make the vast majority of the insulin drugs sold in the United States.

The defendants did not immediately respond to requests for comment.

Around 8.4 million of the 37 million people in the United States with diabetes use insulin drugs to control their blood sugar, according to the American Diabetes Association.

Arkansas Attorney General Leslie Rutledge in Wednesday’s lawsuit said that the PBMs, rather than negotiating lower prices on behalf of patients, have accepted higher prices in exchange for generous rebates from the drugmakers in order to enrich themselves, violating an Arkansas law against deceptive business practices.

Similar lawsuits brought by the state of Minnesota, city of Miami and groups of drug purchasers are already pending.

(Reporting By Brendan Pierson in New York; Editing by Marguerita Choy)

Copyright 2022 Thomson Reuters.

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