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by rusk
211 days ago
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> setting up and maintaining production is obnoxiously expensive. This is what I meant by compete on cost. The manufacturers that are best at cutting these costs will make the most profit. That’s where competition should be focused on such generic items. |
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We've been producing insulin for 100 years now. You guys are just making things up and it's wild.
I don't think a single person who is claiming that regulation is driving up insulin prices has even Googled it to make sure what they're saying makes sense. Spoiler alert: It's not.
The cost of insulin is a result of monopolies, pharmacy benefit managers, patents, and most importantly: a LACK of regulation on drug prices.