ABC News – Top stories ·general ·1 hour ago

Drug company refuses to subsidise diabetes medication that costs $700 a pop

Eli Lilly refused to subsidize its diabetes medication Mounjaro following stalled negotiations with the Australian government. Approximately 450,000 diabetics will miss out on discounted access, sparking criticism from Medicines Australia over the broken Pharmaceutical Benefits Scheme process. Health Minister Mark Butler is seeking advice on the matter as patients face high out-of-pocket costs.

Summary by Glance · ABC News – Top stories

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