News for hackers. Stuff that matters.

A comment on Illinois governor signs law capping insulin costs at $100 per month. Parent comment

Re:Illinois governor signs law capping insulin costs at $100... by harryh on Wednesday January 29, 2020 @12:50PM (#22183546)
The vast majority of drugs wouldn't even make it out of the FDA approval process before the patent expired if you set the term to 5 years.
[ Parent | on HN ]
Re:Illinois governor signs law capping insulin costs at $100... by michael_j_ward on Wednesday January 29, 2020 @02:27PM (#22184776)
The number was merely an example. The alteration I proposed would be equivalently applicable to "5 years post FDA approval."
[ Parent | on HN ]
Re:Illinois governor signs law capping insulin costs at $100... by harryh on Wednesday January 29, 2020 @05:07PM (#22186397)
The typical window with today's regulatory framework is 7-12 years. Your proposal certainly changes that some, but it's not nearly as dramatic as your original framing of "reduce it from 20 to 5 years."
[ Parent | on HN ]