Good morning, one and all. Damian Garde here, filling in for Ed Silverman once again as another working week wends to a close. Here’s hoping you have something diverting planned for the other side of the whistle, whether a summer trip, a local jaunt, or just a few days away from blinking screens. Below are some tidbits to start your day, and, as always, do let us know if you hear something interesting. …
California Gov. Gavin Newsom wants the state to manufacture its own low-cost insulin to offset the rising prices of diabetes care, CNN informs us. The state has allocated $100 million for the project, with half paying for the construction of a manufacturing facility and the rest going toward development costs. Civica Rx, a nonprofit, announced a similar plan earlier this year, promising to sell insulin for no more than $30 a vial starting in 2024.