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Gov. Gavin Newsom has until Sept. 30 to sign or veto the measure. Photo: Agustin Paullier/AFP via Getty Images

California's state legislature approved a measure this week that would allow it to become the first state to develop its own line of generic drugs, including insulin, to tackle rising pharmaceutical prices.

Why it matters: If passed, the motion would put California in direct competition with major generic and brand-name drug manufacturers.

  • Still, it could take years for the state to successfully bring products to the market.

How it works: Taxpayers would pay for the $1 million to $2 million in startup funding costs, in addition to staff costs, state fiscal analysis shows.

  • The bill specifically would require the state to make “at least one form of insulin, provided that a viable pathway for manufacturing a more affordable form of insulin exists at a price that results in savings.”
  • No other specifics of which drugs would be secured by the state were included.

What's next: Gov. Gavin Newsom (D) will have until Sept. 30 to sign or veto the measure.

Go deeper

Updated Nov 20, 2020 - Politics & Policy

Georgia certifies election results

Georgia Secretary of State Brad Raffensperger. Photo: Paras Griffin/Getty Images

Georgia election officials and Gov. Brian Kemp (R) certified the state's election results on Friday, AP reports.

Why it matters: President-elect Biden now officially wins the state by a little more than 12,600 votes, though the Trump campaign has until Tuesday to request a recount since the margin is within 0.5%.

Updated 53 mins ago - Politics & Policy

Facebook paying up to $14M to settle employment discrimination claims

Photo: T.J. Kirkpatrick/Bloomberg via Getty Images

Facebook has agreed to pay up to $14.25 million to settle allegations that it discriminated against American workers by reserving positions for temporary visa holders, the Justice Department announced on Tuesday.

Why it matters: The settlement represents the largest civil penalty and monetary award that the Civil Rights Division has recovered in the 35-year history of the Immigration and Nationality Act's anti-discrimination provision.

Updated 3 hours ago - World

Mapping repression in China's Xinjiang region

Data: © Mapbox, © OpenStreetMap; Map: Will Chase/Axios

A sweeping new report released today by an Australian research organization reveals new details about how the Chinese Communist Party — and specifically who within the party — is carrying out its campaign of repression in Xinjiang.

Why it matters: Uncovering the actual offices and individuals implementing the Chinese government's genocide and forced labor policies in Xinjiang can bring accountability and help international companies delink supply chains in compliance with U.S. and EU forced labor laws.