Health: pharmaceuticals; insulin production program; establish. Amends sec. 9 of 1984 PA 270 (MCL 125.2009) & adds ch. 8F.

This bill creates a new state program to partner with a private company for manufacturing and distributing insulin within Michigan to address rising costs and improve access for residents with diabetes. The state will provide up to $50 million in grants to help a selected contractor build or renovate facilities, provided the company owns the property and prioritizes creating local jobs. The program specifically seeks a partner that can produce both long-acting and rapid-acting insulin and must secure approval from the federal government regarding foreign investment before proceeding.