4 ms·
These types of businesses are getting created and funded (just not in large quantities like tech companies), and you will not find it here on HN or really in ty
by davismwfl 7y ago
These types of businesses are getting created and funded (just not in large quantities like tech companies), and you will not find it here on HN or really in typical VC tech circles.
Medical devices and Pharmaceuticals are not easy or simple things to bring to market and you can't "hack" around the FDA to short circuit the timeframes etc. Even using approved formularies there are very detailed testing requirements which take significant amounts of time. Which leads to costs not being so inexpensive once all the research, development and market costs are calculated. Obviously I agree the $300 epipen for example is insane and although I am not sure how much can be trimmed there, I am sure it is fairly large.
- toomuchtodo 7y agoGeneric Epi alternative you can get through CVS. https://www.cvs.com/content/epipen-alternative https://www.cvs.com/content/epipen-alternative