Pharmd109

Pharmd109 t1_jctqlrp wrote

This is how you do it, become the manufacturer.

When Lilly just recently reduced the price of their insulin, they just jacked up the prices of their entire portfolio to make up the difference. The drug companies are not benevolent. They are publicly held companies with shareholders. They will deliver the same quarter over quarter earnings.

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Pharmd109 t1_jc8pb2s wrote

I wish for a second this actually did something. Watch these companies quarter over quarter profits and I promise you they will continue to deliver for their shareholders.

They will just Jack the price up on the rest of their portfolio to make up the difference.

And while some may pipe in and say “well diabetics can’t live without insulin”, many others can’t live without their medicine either specifically chemotherapy, psych meds etc. This is a massive virtue signal, because the populous is well educated and aware about insulin.

If you think for one second the drug companies are being benevolent, I have some beach front property in Ohio to sell you.

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