Novo Nordisk to slash U.S. insulin prices, following move by Eli Lilly
The Danish drugmaker will reduce the list price of its NovoLog insulin by 75%, and for Novolin and Levemir by 65%.
Business
Our Ocean Conference in Panama generates $20 billion in commitments for marine protection
Participants made 341 commitments worth nearly $20 billion, including funding for expanding and improving marine protected areas and biodiversity corridors.
Adani Green Energy commissions world’s largest solar-wind hybrid project in India
India’s largest renewable power generation company has announced that it successfully commissioned a 700 megawatt solar-wind hybrid project in the northern state of Rajasthan.
Eli Lilly caps the cost of insulin in the U.S. at $35 a month
Insulin costs in the U.S. are notoriously high compared to the costs in other countries; the Rand Corporation, a public policy think tank, estimated that in 2018, the average list price for one vial of insulin in the U.S. was $98.70.
REI to stop selling clothes, cookware with ‘forever chemicals’
REI aims to have all cookware and apparel sold in its stores free of PFAS by fall of 2024. PFAS have been linked to cancer and other health problems.
Solutions Africa introduces electric tuk-tuks in Kenya
Though many companies are currently working to ramp up implementation of electric motorbikes across Kenya, Solutions Africa appears to be the first to introduce electric versions of the popular 3-wheel tuk-tuk.
GE installs world’s first spiral-welded wind turbine tower
The new construction technique produces wind turbine towers 10 times faster while using up to 80% less manpower. Ultimately, this makes wind turbines much more affordable and cost-effective.
Walmart raises minimum wage by 17%
Starting in early March, store employees will make between $14 and $19 an hour. About 340,000 store employees will get a raise because of the move.
Moderna’s mRNA RSV vaccine delivers impressive Phase 3 trial results
For decades researchers have been trying to develop a vaccine for the deadly respiratory disease. It looks like 2023 will be the landmark year where not only one, but possibly three different vaccines are approved.
Danske Bank quits new fossil fuel financing
Denmark’s biggest bank has declared an end to fossil fuel financing, after concluding that 99.9% of its carbon footprint comes from financed emissions.