4 ms·
Why aren't there more manufacturers? Low profits and a giant moat. The civilized world keeps prices down because their governments do the buying, and meanwhile
by HarryHirsch 6y ago
Why aren't there more manufacturers?
Low profits and a giant moat. The civilized world keeps prices down because their governments do the buying, and meanwhile any new entrant needs to prove bioequivalence.
It's not that the market was totally innovation-free. Human insulin was a gigantic breakthough when Genentech brought it to market back in 1978.
- x87678r 6y ago> Low profits If its low profits how come other countries' prices are much lower? Either the manufacturers there have lower costs or they're charities. >and a giant moat I'd think all the VC money sloshing around should be able to figure something like this instead of another social media platform.
- offtop5 6y ago> I'd think all the VC money sloshing around should be able to figure something like this instead of another social media platform. Would be nice , but unless you convinced VCs to invest in a non profit this startup would be sold within 3 years to big pharma. NHS style healthcare is the only way to go
- Constellarise 6y ago> I'd think all the VC money sloshing around should be able to figure something like this instead of another social media platform. Unfortunately that might inadvertently help out The Poors instead of sheltered upper-middle class SF liberals, so no go.