BENTONVILLE, Arkansas — On Tuesday (29), Walmart announced the launch of the first-ever private brand analog insulin, which they say will revolutionize the access and affordability to diabetes care by offering patients significant price savings.
Available exclusively through Walmart’s private ReliOn brand, the new offering includes analog insulin vials for $72.88 and FlexPen for $85.88. Walmart claims this is 58% to 75% less than the cash price of branded analog insulin products and will translate to a savings of up to $101 per branded vial or $251 per package of branded FlexPens.
The new private label ReliOn NovoLog Insulin injection, manufactured by Novo Nordisk, is available in Walmart pharmacies starting this week, and Sam’s Club pharmacies in mid-July across the United States.
ReliOn NovoLog is a rapid-acting insulin analog used to control high blood sugar in adults and children with diabetes. Customers will need a prescription in order to purchase the products and should always consult with their doctor regarding their diabetes management.
“We know many people with diabetes struggle to manage the financial burden of this condition, and we are focused on helping by providing affordable solutions. We also know this is a condition that disproportionately impacts underserved populations. With ReliOn NovoLog® insulin, we’re adding a high-quality medication for diabetes to the already affordable ReliOn line of products and continuing our commitment to improving access and lowering the cost of care,” said Dr. Cheryl Pegus, executive vice president, Walmart Health & Wellness.
“Diabetes often comes with high medical costs, estimated around $9,601 per person per year. We welcome all affordable solutions that make diabetes management more accessible to millions of Americans living with diabetes. We encourage everyone to ask their health care provider questions to better understand what the right and affordable treatment is for their unique medical needs,” said Tracey D. Brown, chief executive officer of the American Diabetes Association.
Prescribing Information for NovoLog can be viewed here.