4 ms·
Incredible that a drug discovered >100 years ago can still be used to price gouge Americans... Thankfully now there seems to be some semblance of rationality?
by johntiger1 3y ago
Incredible that a drug discovered >100 years ago can still be used to price gouge Americans... Thankfully now there seems to be some semblance of rationality?
- anonuser123456 3y agoModern insulin analogs were not invented 100 years ago.
- deleted 3y ago[deleted]
- foogazi 3y agoNo one is purifying insulin from ox pancreas anymore Although it’s a shame for profit’s have taken over drug discovery this way
- deleted 3y ago[deleted]
- toomuchtodo 3y agoExecutive branch had to threaten Big Pharma to make this happen. FTC is similarly pursing pharma companies who improperly submitted patents to the FDA’s orange book to extract more profits. https://news.ycombinator.com/item?id=37561696 https://news.ycombinator.com/item?id=37561696 https://www.ftc.gov/news-events/news/press-releases/2023/11/ftc-challenges-more-100-patents-improperly-listed-fdas-orange-book https://www.ftc.gov/news-events/news/press-releases/2023/11/... https://www.ftc.gov/legal-library/browse/warning-letters/81927 https://www.ftc.gov/legal-library/browse/warning-letters/819...
- nicetryguy 3y ago> Thankfully now there seems to be some semblance of rationality? Rationality? No. Regulation. https://www.whitehouse.gov/briefing-room/statements-releases/2023/03/02/fact-sheet-president-bidens-cap-on-the-cost-of-insulin-could-benefit-millions-of-americans-in-all-50-states/ https://www.whitehouse.gov/briefing-room/statements-releases...
- MattGaiser 3y agoIt isn’t the same drug as 100 years ago. The 100 year old insulin is long off patent and cheap.
- refurb 3y agoIt's not the same drug. You can get the same insulin produced 100 years ago (well you can't because it was extracted from animal pancreases) for cheap, but guess what? Nobody wants it. These are newer, better versions of insulin.