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by syn0byte
2744 days ago
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And with regulation you get...lots of snake oil this is useless to harmful. Prozac, Phenfen, etc. Even device and equipment makers like Theranos. You also get Pharma-Bro types selling medication WHO considers "essential" for 750 dollars a pill. Only the one company has(had) the regulatory approval to make a drug so basic Aussie school kids can make in chem class[0]. [0] https://qz.com/851416/why-martin-shkreli-and-turings-darapri... |
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Or, take high insulin prices caused by a government-granted oligopoly from the FDA. The FDA maintains high barriers to entry. We all suffer from artificially high prices and reduced access.