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by ekianjo 669 days ago
> If something is overpriced, somebody should jump in and take advantage of a business opportunity

insulin is off patent. anyone can in theory manufacture it, but the ROI is just not worth it even at the current prices. Manufacturing it is not easy, there are humongous amounts of regulations, you will probably need to do a couple of clinical trials too... so you end up with an oligopoly that are incumbents that nobody wants to challenge, and prices that are all aligned.

2 comments

Is it, though? Even a poor country like Brazil can afford to give out insulin for free
interesting. so the solution is to pile on more regulation yes? if a little is garbage and destroys the system then more must be better right?