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this post was submitted on 05 Aug 2023
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Isn’t the catch that the funds for R&D for the advance kind of insulin extraordinarily expensive so that’s why the price is so ridiculously high?
The one time congress actually did a case study on drug pricing they found that in all the internal discussions a drug company had while setting the price R&D costs were not mentioned even 1 single time.
So it’s got nothing to do with profit.