Re:Low carb diet leads to “clinical remission” in 3 cases of...
by ovi256 on Saturday June 20, 2020 @05:10PM
(#23587323)
The best part of economic freedom is that one is free to start a manufacturer delivering a cheaper whatever one is complaining is too expensive!
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Re:Low carb diet leads to “clinical remission” in 3 cases of...
by arexxbifs on Saturday June 20, 2020 @05:24PM
(#23587439)
"Not only are the big three insulin manufacturers financially opposed to biosimilars entering the market, they’ve actively taken legal steps to prevent it."
https://beyondtype1.org/how-much-does-it-cost-to-produce-ins...
Re:Low carb diet leads to “clinical remission” in 3 cases of...
by anchpop on Saturday June 20, 2020 @05:23PM
(#23587423)
It's possible the price is too high, but the reason it has that price $35/bottle is the minimum required to sustainably produce it. It's well accepted in economics that price of manufacture is not necessarily the societally optimal price [0]. If this is the case, what needs to be done is government subsidization, and no individual person can just start a company and do it themselves.
Also, the idea that everyone is free to start manufacturing insulin ignores the billions of dollars of capital that is required to create a FDA-compliant insulin production plant, which almost no one on earth has access to.
Re:Low carb diet leads to “clinical remission” in 3 cases of...
by HeadsUpHigh on Sunday June 21, 2020 @06:41AM
(#23591225)
Not with the way the FDA has a pile of rules and regulations that combined have the unintended effect of blocking the market. Drugs of all kinds are not in a market state of economic freedom. There are pros and cons of the situation, but at least please stop pretending that it's a free market.