Biocon Pledges To Cut Insulin Prices

India’s Biocon has pledged to cut the price of insulin to 10 cents per day in low- and middle-income nations

India’s Biocon has promised to cut by 50% the cost of recombinant human insulin to 10 cents a day in low- and middle-income nations to help make the life-saving medication “universally accessible.”

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Biocon says it will cut the daily cost of insulin to 10 cents • Source: Shutterstock

Biocon’s founder and managing director Kiran Mazumdar-Shaw has said the company is ready to slash the cost of recombinant human insulin it sells in low- and middle-income countries by 50% – and possibly more – to 10 cents a day.

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