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Lawmakers call on FDA to expedite generic insulin approvals

A bipartisan group of senators urged the FDA to amend 2018 guidance for biosimilar products in order to expedite approvals of cheaper, generic insulin products, arguing that it is "unacceptable that -- nearly a century after insulin was first discovered -- there are no approved, lower-cost insulin products that can be substituted at the pharmacy level." The US has only three insulin manufacturers, and the drug's price doubled on average from 2012 to 2016.

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