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A comment on Biohackers take aim at big pharma’s stranglehold on insulin. Parent comment

Re:Biohackers take aim at big pharma’s stranglehold on insulin by gruez on Monday June 28, 2021 @02:16PM (#27665486)
That doesn't seem too strange when you consider that those two types of companies have different operating models. A drug company is in the business of taking relatively cheap goods and converting them to very expensive goods, in other words adding a lot of value. A insurance company/PBM is mostly in the business of skimming a percentage off transactions.
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Re:Biohackers take aim at big pharma’s stranglehold on insulin by lotsofpulp on Monday June 28, 2021 @02:28PM (#27665676)
It is not strange, but it also contradicts claims about managed care organizations earning tons of money. It is not a business you go into to get super rich.
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Re:Biohackers take aim at big pharma’s stranglehold on insulin by nceqs3 on Monday June 28, 2021 @02:32PM (#27665741)
LMFAO. Express Scripts (the biggest PBM) was bought for 67 billion! They have never saved a patient life but are bigger than most pharma companies.
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Re:Biohackers take aim at big pharma’s stranglehold on insulin by lotsofpulp on Monday June 28, 2021 @02:59PM (#27666180)
That sounds irrelevant to my point that MCOs do not make a lot of profit.
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