• galloog1@lemmy.world
        1·
        10 months ago

        That’s certainly a response you could take to developing a better insulin when people could still buy the old type for much cheaper but something tells me it’s an overreaction.

  • halvar@lemm.ee
    20·
    10 months ago

    I wholeheartedly agree with the message, but my man, this is anything but a generic meme.

  • gbs@lemmy.ml
    7·
    10 months ago

    Feel like you missed an opportunity by not saying “Capitalism Crookbook”.

  • pedro@lemm.ee
    5·
    10 months ago

    Now I know why the US is the biggest porn producer of the world: they get fucked all day long anyway so why not film it?

  • MindSkipperBro12@lemmy.world
    5·
    10 months ago

    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?

    • Rom@lemm.eeEnglish
      34·
      10 months ago

      imo that doesn’t justify pricing people out of a drug that they will literally die without. It’s absolutely vile that the price of something essential for people to stay alive isn’t price controlled and is subject to the whims of the manufacturer.

    • Alto@kbin.social
      17·
      10 months ago

      Considering the only reason they exist is so they can profit even more off of it, I don’t give a single fuck about their R&D expenses

      • jeremy
        17·
        10 months ago

        They haven’t changed this shit in 20 years. They’re just raking in cash like they’re Disney or something.

        Source: my daughter is 20 years old and has been using the same 3 rapid acting insulins the whole time. None of them have changed. ALL of them have gotten more expensive.

    • Meltbox@lemmy.world
      15·
      10 months ago

      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.

    • theYogiB@lemmy.world
      11·
      10 months ago

      Do you know how little of their own money pharma companies spend on R&D? The majority of their budget is for advertising and marketing. Most of their R&D budget is from government grants i.e. taxpayer money. Meaning more often than not you are paying twice for life-saving drugs.

    • Arakwar@kbin.social
      3·
      10 months ago

      Unless they sell the new insulin at cost, then no, they don’t get to charge more for the existing product.

      They always say that they charge more to pay for the risk from R&D, but having people pay more an existing product to finance future R&D is the complete opposite of that.

      This is why some stuff should never be handled by private corporations.