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Birmingham Demands Justice Over Soaring Insulin Prices

1/24/2025

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Summary

Story summary

Birmingham is taking a stand against insulin manufacturers and pharmacy benefit managers, accusing them of conspiring to skyrocket insulin prices from $20 in the 1990s to over $700 today. This alleged price-fixing has cost the city a staggering $5.5 million between 2009 and 2021, prompting Birmingham to demand restitution and damages to alleviate the financial strain on its budget.

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Story summary

Birmingham is taking a stand against insulin manufacturers and pharmacy benefit managers, accusing them of conspiring to skyrocket insulin prices from $20 in the 1990s to over $700 today. This alleged price-fixing has cost the city a staggering $5.5 million between 2009 and 2021, prompting Birmingham to demand restitution and damages to alleviate the financial strain on its budget.