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Wow! Hospital supplies, prescription drugs and many other health care markets are effectively un-enterable by new innovative entrants through similar kinds of
by theprop 9y ago
Wow! Hospital supplies, prescription drugs and many other health care markets are effectively un-enterable by new innovative entrants through similar kinds of illegal, anti-competitive arrangements....probably one of the reasons we haven't seen a YC hospital supply startup... '
"EpiPen’s sales and expanded markets brought in more than $1 billion in revenue for Mylan."
"The company’s CEO, Heather Bresch, is one of the highest-paid CEOs in the industry, earning nearly $19 million annually."
"Mylan...had...illegal deals with schools to undercut competitors and allegedly scammed federal and state regulators out of millions..."
- pugio 9y agoActually, a good friend of mine just filed for a patent on a widget which will directly cut into Mylar's epipen sales. It's gonna be a tough startup, I'm sure, but he's doing it.
- brianwawok 9y agoSo what, 6 years to get through the FDA?
- NotShockingDuh 9y agoStart jailing people.