Ticker: Ford recalls 1.5M vehicles to fix brakes, wipers; California makes deal to produce insulin

Ford is recalling more than 1.5 million vehicles in the U.S. in two actions to fix leaky brake hoses and windshield wiper arms that can break.

The largest of two recalls covers nearly 1.3 million 2013 through 2018 Ford Fusion and Lincoln MKZ midsize cars. The company said in documents posted by safety regulators that the front brake hoses can rupture and leak brake fluid.

Dealers will replace the hoses. Ford will mail owners notification letters starting April 17.

The second recall covers more than 222,000 F-150 pickups from 2021. The windshield wiper arms can break.

Dealers will replace the arms if needed. Owners will be notified starting March 27.

California deals to produce affordable insulin

The state of California and a generic drug manufacturer announced a 10-year partnership to produce affordable, state-branded insulin that they hope will rival longtime producers and push down prices for a medication used by millions of Americans.

The product is not expected on store shelves until at least next year, and it was difficult to predict what effect it would have on a market already shaken by change. Earlier this week another major insulin maker promised steep price cuts as pressure builds on drugmakers and insurers to slash the cost of the drug.

Gov. Gavin Newsom said he hoped California’s emergence as an insulin-maker would prompt prices to collapse. Research has shown that prices for the drug have more than tripled in the past couple of decades.

“We are intent to make this about market disruption,” Newsom said at a ceremony announcing the pact at a pharmaceutical warehouse near Los Angeles. He called it “a game changer” for 8 million Americans who use insulin to treat diabetes.

 

from Boston Herald https://ift.tt/l62DPKY