Applications of Insulin 2: Annual Insulin Production
Tuesday, January 1, 2008

History ~ Raw materials ~ Process Description ~ Applications ~ References
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Annual Insulin Production

Animal insulin is considerably cheaper in most countries where both human and animal insulin are available, as indicated in the figure below (see also table on 'Cost of human and animal insulin by region'). In Africa, for example, the average cost of human insulin is twice as expensive as animal insulin.

A box of 10 ml U-100 human insulin was cheapest and most expensive respectively in Senegal and Kenya (AFR), Qatar and Libya (EMME), Romania and Italy (EUR), Commonwealth of Dominica and USA (NA), Cuba and El Salvador (SACA), Sri Lanka and Bangladesh (SEA), and Japan and Hong Kong (WP).



Insulin product and estimation of its prices:

(1) Novolin Insulin(70/30), $36.49

(2) Novolin Insulin(N), $36.49

(3) Novolin Insulin (R), $36.49

(4) Novolog Mix 70/30, $83.27

How much insulin is produced annually:

Income statement of Novo Company
Key numbers for fiscal year ending December, 2006:
Sales: $6,857.5M
One year growth: 28.2%
Net income: $1,116.9M
Income growth: 43.9%
Employees: 22,000

Income statement: Quarterly Financials for Novo Nordisk A/S
All amounts in millions of USD except per share amounts.

There are 3 parts to Applications:

>Part I - Several Applications of Insulin<

>You are Here: Part II - Annual Insulin Production<

>Part III - Companies Manufacturing Insulin<

@ 10:10 AM

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January 2008