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10.1074/jbc.270.5.2099 240 PerryB

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However, in 2013 and 2014, Sanofi embarked on much more aggressive increases, nearly doubling the drugs WAC to $248 by the end of 2014. (Staff Report, Insulin: Examining The Factors Driving The Rising Cost Of A Century Old Drug, United States Senate Finance Committee, 1/14/21) Novo Nordisk And Sanofi Not Only Closely Monitored The Others Price Increases, They Actually Increased Prices In LockstepSometimes Within Hours Or Days Of Each OtherA Practice Known As Shadow Pricing. Rather than seeking to undercut its competitors pricing, from 2014 on Novo Nordisk engaged in a cat-and-mouse strategy of pricing that followed Sanofis price increases closely, sometimes mirroring them within days or even hours