by Bob Walsh
It looks like the formerly great state of California is moving ahead with its plan to have its own drug label to reduce drug costs. One of the first items on the list is insulin. It will not be possible for the state to actually manufacture insulin due to lots of regulatory and technical concerns, but they believe that they can create their own drug label and hire an existing manufacturer and buy and distribute in bulk, thereby cutting out a lot of the profit in the distribution stream.
I have no idea if this will work or not. State governments are not known for flexible, efficent operations but Gavin Newsom might have a good idea here. It is certainly worth a shot.
1 comment:
I hope this works out.
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