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by GuB-42 1630 days ago
I remember a few years ago, someone made a suggestion, that, because a lot of these overpriced drugs are paid by insurance companies.

So why don't insurance companies contract an independent lab to make their own medicine instead of paying ridiculously high prices for out-of-patent medicine? Of course, it would be a proper lab, with certifications and quality control, not some guy's basement, so it would be expensive, but on the other hand, the alternative is also way too expensive.

1 comments

The big insurance companies own, at least in part, the large pharmacies. Manufacturing drugs adds a risk bundle of appeasing regulators and liability for adverse effects from the drugs made.

Insurance companies are happy to be the buyer and seller as that is plenty profitable without the legal risk.