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Walmart launches low-priced private label analog insulin

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Reuters

By Richa Naidu CHICAGO (Reuters) – Walmart said on Tuesday that it will start selling private-label analog insulin this week at a deep discount to branded insulin vials and pens, as it seeks to drive growth at its healthcare business. The product, ReliOn NovoLog, is a rapid-acting analog insulin used to control high blood sugar in adults and children with diabetes. It will require a prescription from a physician. More than two decades ago, Walmart launched a human insulin private label brand called ReliOn that costs $24.99 a vial. The world’s largest retailer said its more than 3 million custo…

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