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/biz/ - Business & Finance


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12076220 No.12076220 [Reply] [Original]

How come the free market doesn't create another producer of insulin?
https://www.npr.org/sections/health-shots/2018/11/28/671659349/we-re-fighting-for-our-lives-patients-protest-sky-high-insulin-prices

>> No.12076223

>>12076220
Patents?

>> No.12076248

>>12076220
There is however in the United States of Retardism there isn't for some reason because of MUH Kapitalism!

>> No.12076249

>>12076223
isn't the patent for the manufacturing process? Or do they own the fucking rights to a chemical produced by the human body?

>> No.12076262

>>12076220
Why cant diseased people just fuck off and die instead of passing down their shitty genetics?

>> No.12076277

>>12076249
Actually no one holds the patent the problem is that the cost of entry is so fucking high and the regulations so complex that if you have access to that much capital you’re better off investing into anything but that.

>> No.12076287

>>12076220
Cause its only expensive in Burgerland. Mutts need to get put down

>> No.12076288
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12076288

>>12076262
>exposed to barely edible food and toxins throughout life because poor
>every type of disease is on the rise in America
>its their genetics

>> No.12076291

>>12076262
Because evangelicals won't allow abortions or vasectomies.

>> No.12076298

A month supply in EU is around EUR 10.

>> No.12076304

>>12076277
so you're saying Jeff Bezos or Bill Gates could easily do this and make a profit if they wanted?

>> No.12076314

healthcare is not a free enough market to come up with a solution. there are too many regulations. just do away with regulations and leave healthcare to the free market, unironically

>> No.12076316

>>12076248
Capitalism isn't the problem, corporations wearing our government like a glove is the problem. thats not capitalism, its oligarchy

>> No.12076330

>>12076316

oligarchy is capitalism reaching its logical conclusion

>> No.12076331
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12076331

>>12076314
>just do away with regulations and leave healthcare to the free market, unironically

>> No.12076359

>>12076288
>you get type 1 diabetes from food and toxins
The genius inhabitants of biz.

>> No.12076383

>>12076314
>t. Shkreli phone posting from prison

>> No.12076394

>>12076359
>the only type of diabetes is type 1
>mothers eating terrible food during pregnancy doesn't fuck with your organs for the rest of your life
keep snacking on those cosmic brownies goy because they don't effect your offspring at all

>> No.12076400

>>12076314
>just do away with regulations and leave healthcare to the free market, unironically
t. snakeoil salesman

>> No.12076401
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12076401

>>12076220
>he believes markets monopolized through regulatory capture are "free"

>> No.12076679

>>12076383
He could only jack up the price because GOVERNMENT REGULATIONS stopped anyone else from making the drug. YOU GOD DAMN RETARD. How the fuck do you idiots manage to even tie your fucking shoes. Are you posting from a care home for the brain damaged?

>> No.12076745

>>12076223
Insulin was discovered almost a 100 years ago. Even if it was patentable, which it is not because it is a natural occurring compound so you can't really patent it, the patent would have expired decades ago.
What pharmaceutical companies that sells insulin actually sells are the delivery of Insulin. They engineer a device to deliver Insulin and patent it - like the Insulin pen where the people can inject it themselves.

>> No.12076806

Everyone hates Diabetefags. They act like they're good at sports and then they're always having drama wahh where's my shots whaah why did you throw it on the roof?!!
whiny babies die already

>> No.12077133

>>12076220
I googled cheap insulin and the first result was how you can buy it without a prescription in most states.