Attorney General Raúl Torrez Secures Insulin Affordability Agreements with Sanofi and Novo Nordisk6/5/2025 Courtesy of NM Deptartment of Justice
Albuquerque, NM – Attorney General Raúl Torrez announced settlements with two major insulin manufacturers—Sanofi-Aventis U.S. LLC and Novo Nordisk Inc.—that will dramatically reduce the cost of insulin for tens of thousands of New Mexicans. The agreements represent a major step toward ensuring affordable, equitable access to life-saving medication for individuals managing diabetes. “These are huge wins for New Mexicans who have struggled with the outrageous cost of insulin,” said Attorney General Raúl Torrez. “These agreements will help people stop rationing medication, avoid financial hardship, and focus on staying healthy. We are holding drug manufacturers accountable and making access to life-saving treatment more equitable.” Approximately 207,000 to 250,000 New Mexicans live with diabetes, a condition that often requires daily insulin. High out-of-pocket costs have historically forced many patients to make difficult choices between purchasing insulin and meeting basic needs. Settlement with Sanofi:
Settlement with Novo Nordisk:
“These agreements are a major milestone in our broader effort to bring transparency and fairness to the pharmaceutical industry,” said Torrez. “Our office will continue working to ensure every New Mexican has access to essential medicine—regardless of income or insurance status.” Both settlements follow independent investigations by the New Mexico Department of Justice into insulin pricing practices. Both companies have committed to sweeping reforms that will make insulin more affordable and accessible across the state for several years. For more information on the affordability programs and eligibility, visit www.novocare.com for Novo Nordisk programs and Sanofi’s Patient Connection Program for Sanofi resources. Copies of both agreements are below: New Mexico – Sanofi Settlement Agreement NNI – NM Settlement Agreement 5-20-2025
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