Vox Sentences - Insulin just got much cheaper

Eli Lilly caps insulin costs at $35 per month; Nigeria elects Bola Tinubu president.

Tonight's Sentences was written by Jariel Arvin.

TOP NEWS

Cheaper insulin is coming to a pharmacy near you

Erik McGregor/LightRocket via Getty Images

Wednesday, drugmaker Eli Lilly capped out-of-pocket insulin costs at $35 per month in response to political pressure and competition. [Vox / Dylan Scott]
The company will slash prices of its most popular insulin products by 70 percent by the end of the year; vials of its non-branded insulin will drop to $25 apiece on May 1. [The Hill / Julia Mueller and Nathaniel Weixel]
More than 8 million Americans have diabetes and need insulin daily; they often face prices four times the average customers pay in other countries. [BBC]
Democrats have long pushed for lower insulin costs; the new limits match a provision in the Inflation Reduction Act, which caps monthly insulin prices for Medicare patients. [Washington Post / Aaron Gregg]
Eli Lilly’s price cuts also reflect outside industry competition from California and nonprofit company Civica Rx, which has announced plans to manufacture and sell cheaper insulin. [NBC News / Berkeley Lovelace Jr. ]

📍 If you read just one story

Vox's Dylan Scott explains California's plan to produce its own insulin to combat high prices. [Vox / Dylan Scott]

Tinubu wins the Nigerian presidency

Officials on Wednesday declared ruling party candidate Bola Tinubu the winner of Nigeria’s heated presidential election. [Associated Press / Hinedu Asadu]
Former Lagos governor Tinubu won more than 36 percent of the vote while Atiku Abubakar won 29 percent and third-party candidate Peter Obi — who galvanized young voters — won 25 percent. [NPR / Emanuel Akinwotu]
Tinubu, 70, faces several challenges including reviving Nigeria’s stalling economy and addressing national security issues. [BBC / Nduka Orjinmo]
The opposition has vowed to challenge the results, which were plagued by violence and technical issues at polling stations. [CNN]

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MISCELLANEOUS

Chicago Mayor Lori Lightfoot lost her bid for reelection — a rare defeat for an incumbent. [Vox / Christian Paz]

Greek transport minister Kostas Karamanlis resigned Wednesday after a head-on passenger and freight train collision killed at least 38 people and injured dozens. [USA Today / John Bacon]
US Attorney General Merrick Garland testified about multiple federal investigations in his first appearance before the Senate Judiciary Committee. [CNN / Devan Cole, Hannah Rabinowitz, and Tierney Sneed]
Georgia police issued an arrest warrant for top NFL draft prospect Jalen Carter over reckless driving charges for a January crash that killed a teammate and staff member. [ESPN]

VERBATIM

“The company is reacting to a tremendous amount of existing and upcoming competition for these drugs.”

[Stacie Dusetzina, a health policy professor at Vanderbilt University Medical Center, on the Eli Lilly price caps / NBC News]

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Key phrases

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