# Sanofi, Lilly, Novo face RICO charges over insulin pricing **URL:** \ **Category:** D-News\ **Tags:** insulin, type-1\ **Created:** [July 15, 2021, 7:53pm UTC](https://forum.fudiabetes.org/t/sanofi-lilly-novo-face-rico-charges-over-insulin-pricing/11598 "2021-07-15T19:53:12Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![bwschulz](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.fudiabetes.org/bwschulz/32/8869_2.png) [@bwschulz](https://forum.fudiabetes.org/u/bwschulz)\ **Post date:** [July 15, 2021, 7:53pm UTC](https://forum.fudiabetes.org/t/sanofi-lilly-novo-face-rico-charges-over-insulin-pricing/11598/1 "2021-07-15T19:53:12Z")
Also OptumRx, Caremark and Express Scripts > **[Sanofi, Lilly, Novo and a trio of PBMs face racketeering claims over pricey...](https://www.fiercepharma.com/pharma/sanofi-lilly-and-novo-plus-trio-pbms-face-racketeering-claims-over-pricey-insulin-drugs)** > > Diabetes giants Sanofi, Eli Lilly and Novo Nordisk, plus a trio of pharmacy benefit managers, have to face racketeering charges over allegations that they conspired to hike the price of insulin drugs, a New Jersey court ruled.  This helps explain why insulin got so expensive. “The RICO claims stand for now, given the plantiff’s compelling case that the drugmakers may have engaged in bribery, plus mail and wire fraud.” ---
**Author:** ![Trying](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.fudiabetes.org/trying/32/4078_2.png) [@Trying](https://forum.fudiabetes.org/u/Trying)\ **Post date:** [July 16, 2021, 1:25am UTC](https://forum.fudiabetes.org/t/sanofi-lilly-novo-face-rico-charges-over-insulin-pricing/11598/2 "2021-07-16T01:25:40Z")
Wow! I wonder what the result will be? Lower prices, I hope. ---
**Author:** ![jim26](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.fudiabetes.org/jim26/32/9780_2.png) [@jim26](https://forum.fudiabetes.org/u/jim26)\ **Post date:** [July 16, 2021, 2:34am UTC](https://forum.fudiabetes.org/t/sanofi-lilly-novo-face-rico-charges-over-insulin-pricing/11598/3 "2021-07-16T02:34:35Z")
Check back in 2030 when a slap on the hand and a settlement is reached. ---
**Author:** ![Chris](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.fudiabetes.org/chris/32/382_2.png) [@Chris](https://forum.fudiabetes.org/u/Chris)\ **Post date:** [July 18, 2021, 3:12pm UTC](https://forum.fudiabetes.org/t/sanofi-lilly-novo-face-rico-charges-over-insulin-pricing/11598/5 "2021-07-18T15:12:09Z")
If they have a whisteblower or two with evidence than this one won’t take too long to reach its conclusion. The interesting thing here is if they prove their claims the damages could be huge. Probably will get settled for a couple hundred million in fines, which is a gnat slap to these drug giants. ---
**Author:** ![Sam](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.fudiabetes.org/sam/32/10595_2.png) [@Sam](https://forum.fudiabetes.org/u/Sam)\ **Post date:** [July 27, 2021, 4:07pm UTC](https://forum.fudiabetes.org/t/sanofi-lilly-novo-face-rico-charges-over-insulin-pricing/11598/6 "2021-07-27T16:07:39Z")
This is awesome. I’ve been screaming racketeering for years— blatantly obvious to anyone who understands even a little of the pbm rebate system ---
**Author:** ![bwschulz](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.fudiabetes.org/bwschulz/32/8869_2.png) [@bwschulz](https://forum.fudiabetes.org/u/bwschulz)\ **Post date:** [August 10, 2021, 1:11am UTC](https://forum.fudiabetes.org/t/sanofi-lilly-novo-face-rico-charges-over-insulin-pricing/11598/7 "2021-08-10T01:11:46Z")
New, but possibly related (alleging collusion), class action lawsuit: > **[Class-action lawsuit alleges 4 drugmakers colluded to restrict insulin sales...](https://www.fiercehealthcare.com/hospitals/class-action-lawsuit-alleges-four-drugmakers-colluded-to-restrict-insulin-sales-to-340b)** > > A new class-action lawsuit from a New York-based safety net provider alleges four drugmakers colluded to restrict insulin sales to 340B contract pharmacies. I just hope these cases will end up dropping prices for us and not just lining lawyers’ packets. ---
**Author:** ![Chris](https://yyz2.discourse-cdn.com/flex030/user_avatar/forum.fudiabetes.org/chris/32/382_2.png) [@Chris](https://forum.fudiabetes.org/u/Chris)\ **Post date:** [August 18, 2021, 10:30pm UTC](https://forum.fudiabetes.org/t/sanofi-lilly-novo-face-rico-charges-over-insulin-pricing/11598/8 "2021-08-18T22:30:36Z")
> [@bwschulz](#): > > I just hope these cases will end up dropping prices for us and not just lining lawyers’ packets. Hopefully they do both, but if they are successful, the latter is assured. Sorry to be so pessimistic.