3 ms·
Opening a drug manufacturing business nowadays is ridiculously hard - the regulations are insane, the costs for getting everything right are insane, and the cli
by jotm 13y ago
Opening a drug manufacturing business nowadays is ridiculously hard - the regulations are insane, the costs for getting everything right are insane, and the clients are also insane (you think a hospital with shortages will gladly buy your stuff? Ha, dream on, they've already got their arrangements).
And so there are shortages. Or you get stuff from China, where manufacturers can ship you 1 or 1000 KGs of stuff with a month's notice.
- toomuchtodo 13y agoSo why doesn't the VA, Medicare, and Medicaid fund two GSEs (similar to Fannie Mae and Freddie Mac on the housing/lending side) who are non-profits, and their only role is to provide generics and other non-patented medical/surgical devices at cost? Non-profit to remove the profit motive, two for redundancy, and sponsored by the government because sometimes healthcare shouldn't have a profit motive when the free market has failed.
- jotm 13y agoNon-profit in health care by the largest insurance companies in America? You gotta be crazy, son...
- toomuchtodo 13y agoI'm optimistic. I also want to deploy Plan B vending machines, and eventually 3D printers for pharmaceuticals. I have first hand experience with the brutal realities of the disgustingly low standard of healthcare in the US.