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A comment on Sirum (YC W15) Recycles Unused Medicines to Save Money and Lives. Parent comment

Re:Sirum (YC W15) Recycles Unused Medicines to Save Money an... by toomuchtodo on Friday March 20, 2015 @08:27PM (#9241435)
What do you think about the idea of a non-profit generic drug manufacturer?

I've always thought Medicare would jump at the idea of slashing its drug costs, but undertaking something like this is a crazy huge project.

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Re:Sirum (YC W15) Recycles Unused Medicines to Save Money an... by akircher on Friday March 20, 2015 @08:33PM (#9241447)
If you can overcome the high capital costs, I think it could be very successful. You may want to check out One World Health which is a nonprofit drug development organization that does incredible work as well.
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Re:Sirum (YC W15) Recycles Unused Medicines to Save Money an... by Scoundreller on Friday March 20, 2015 @08:55PM (#9241495)
Generic drugs are fairly cheap.

It's more a matter of whether your country's regulator lets them in, and/or if you have enough retail competition to drive down prices close to their actual cost.

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