A settlement between Eli Lilly and insulin users has collapsed after a federal judge’s ruling that denied class certification for the lawsuit.
The original settlement stemmed from a 2017 lawsuit in which patients sued the three biggest insulin manufacturers — Eli Lilly, Novo Nordisk and Sanofi — and accused them of “artificial and fraudulent inflation” of their insulin prices in the US.
Last May, Lilly and the plaintiffs announced a deal in which Lilly would pay $13.5 million and continue to cap out-of-pocket insulin costs at $35 per month for the next four years.
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