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> The problem in USA is that producing insuline is so regulated that setting up and maintaining production is obnoxiously expensive. This has absolutely nothin
by mexicocitinluez 11mo ago
> The problem in USA is that producing insuline is so regulated that setting up and maintaining production is obnoxiously expensive.
This has absolutely nothing to do with insulin costs. Nada. Zip. Nil.
> As noone will want to produce insuline if required paperwork costs more than it's selling price.
Where are you getting this information from? I've been in the industry for a bit now and this is a first for me. That the reason why insulin is so expensive in the US is because it costs money to make????
- 0xDEAFBEAD 11mo ago>This has absolutely nothing to do with insulin costs. Nada. Zip. Nil. Why do you think there are so few insulin producers then? https://www.npr.org/sections/health-shots/2015/07/15/422935288/biohackers-aim-to-make-homebrew-insulin-but-dont-try-it-yet https://www.npr.org/sections/health-shots/2015/07/15/4229352...
- mrguyorama 11mo agoHow many insulin producers are there in europe?
- rusk 11mo agoBecause it’s such a basic commodity with very little differentiation so profitability can only be achieved at scale.
- mexicocitinluez 11mo agoYou're sharing a 10 year old article to back up your claims? And the answer is because it's a monopoly that the govt refuses to regulate.