Post by itellthefuture777 on Sept 6, 2017 17:20:39 GMT -5
"Afrezza meanwhile is more advanced, but not one-for-one he added. “A four unit cartridge of Afrezza is made with ten units of insulin.”
Price freeze
But there are other costs of delivering insulin than just the raw material component, he said. “Our molded plastic inhaler, for example, is much less expensive than a pen injector, or even syringes and vials.”
Coupled with rivals significantly increasing their prices over the last 24 months since Afrezza’s launch, the “bottom line is price is not really an issue for us,” Pfeffer stated. “We no longer have a price higher than injected insulin, partly because unlike injected insulins, we have never raised our price, making our list price actually a little lower than pen delivered insulin.”
Price freeze
But there are other costs of delivering insulin than just the raw material component, he said. “Our molded plastic inhaler, for example, is much less expensive than a pen injector, or even syringes and vials.”
Coupled with rivals significantly increasing their prices over the last 24 months since Afrezza’s launch, the “bottom line is price is not really an issue for us,” Pfeffer stated. “We no longer have a price higher than injected insulin, partly because unlike injected insulins, we have never raised our price, making our list price actually a little lower than pen delivered insulin.”
