March 4, 2022 – Civica Rx announced plans to manufacture and distribute insulins that is says will be available to people with diabetes at significantly lower prices than insulins currently on the market.
Trinity Health, along with hospital systems Intermountain Healthcare, Ascension, and SSM Health formed Civica Rx in 2018 to supply certain generic drugs in order to challenge the pricing practices of drug makers that have hiked the prices of older, off-patent medicines, as well as to stave off drug shortages, which have become increasingly common in recent years.
“Today’s announcement shows us what is possible when we work together,” said Lou Fierens, Executive Vice President, Administrative Services at Trinity Health, Civica Rx Board member and Civica Foundation Board Chair. “Providing insulin at an affordable price will undoubtedly improve the health and lives of countless people, particularly those who are most vulnerable in our communities. Trinity Health believes that every person deserves access to affordable healthcare and medications, and we are proud to partner with Civica Rx to lead this effort.”