Credit: Towfiqu Barbhuiya/Adobe Stock As Eli Lilly's Insulin Pricing Settlement Unravels, Lawyers Vow to Push Ahead
Lawyers touting a $500 million settlement over insulin pricing are back at the drawing board after a judge refused to certify their class.
April 25, 2024 at 03:52 PM
5 minute read
Litigation
What You Need to Know
- In an April 12 letter, lawyers told U.S. District Judge Brian Martinotti that they would not be seeking approval of the Eli Lilly settlement.
- Eli Lilly had agreed to cap the price of insulin at $35 per month for four years and provide a $13.5 million cash fund for certain consumers.
- A dozen state attorneys general, some with their own insulin cases in multidistrict litigation, had objected to the Eli Lilly settlement.
Lawyers touting a $500 million settlement over insulin pricing are back at the drawing board after a judge refused to certify their class.
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