Business Insider: Bernie Sanders is going after insulin makers over price hikes

By: Lydia Ramsey

Senator Bernie Sanders is going after insulin makers.

On Tuesday, Sanders posted a series of tweets calling out the companies that make insulin, in particular Eli Lilly and Novo Nordisk for their “greed” and “outrageous profits.”

Insulin is a hormone that helps people absorb and process the sugar in food. Roughly 1.25 million people in the US who have Type 1 diabetes need to inject insulin to live, as do some people with Type 2 diabetes, the more common form.

The price of Humalog, a fast-acting insulin made by Lilly, has gone up about 280% since 2006. Its competitor, Novolog, Novo Nordisk, has gone up the same amount.

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