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Many drugs are not commoditized (some might be). Often you have only one or two manufacturers for some ingredient of a drug and if one of them has issues, the e
by est31 6y ago
Many drugs are not commoditized (some might be). Often you have only one or two manufacturers for some ingredient of a drug and if one of them has issues, the entire supply chain collapses.
- AtlasBarfed 6y agoYou mean like Enron where they paid power companies to shut down to increase spot prices and manipulate markets? Monopolization of commodity drugs and the large price increases in the US mirrors the cartel/monopoly conditions that have pervaded practically every major market in the US. Insulin and Epipens are two common examples of this, and it has killed people. And the entire drama around Martin Shrekli.