This is a pretty interesting public-private partnership proposal that Newsom seems to have been working on for a while. Budget Request Summary HCAI requests o

This is a pretty interesting public-private partnership proposal that Newsom seems to have been working on for a while. Budget Request Summary HCAI requests one-time $100 million General Fund, available until 2025-26, for the CalRx Biosimilar Insulin initiative. Through a contract partnership, the State would invest $50 million towards the development of low-cost biosimilar insulin products, an additional $50 million towards a California-based insulin manufacturing facility. HCAI also requests $2.8 million General Fund, over four years, for state operations to fulfill requirements of the partnership, including monitoring, oversight, and legal compliance. The insulin products are expected to be widely available to Californians, through a variety of outlets. https://esd.dof.ca.gov/Documents/bcp/2223/FY2223_ORG4140_BCP5779.pdf https://esd.dof.ca.gov/Documents/bcp/2223/FY2223_ORG4140_BCP...