Robert ReichSo why not stand up to Big Pharma and make lifesaving insulin free?
Republicans will always stand for life.
SandrickRobin@rbreich sorry, there is so such thing as free in market economy.
I assume that employees who make the insulin must be paid to support their families.
In order for employees to get a salary, they need to charge a reasonable amount for their product.
I assume that employees who make the insulin must be paid to support their families.
In order for employees to get a salary, they need to charge a reasonable amount for their product.
AnitaH2@SandrickRobin @rbreich You do know the rest of the world is paying so much less for insulin than people in the USA?
"On 23 January 1923, Banting, Collip and Best were awarded U.S. patents on insulin and the method used to make it. They all sold these patents to the University of Toronto for $1 each. Banting famously said, “Insulin does not belong to me, it belongs to the world.” He wanted everyone who needed it to have access to it."
https://www.diabetes.org.uk/research/research-impact/insulin
"On 23 January 1923, Banting, Collip and Best were awarded U.S. patents on insulin and the method used to make it. They all sold these patents to the University of Toronto for $1 each. Banting famously said, “Insulin does not belong to me, it belongs to the world.” He wanted everyone who needed it to have access to it."
https://www.diabetes.org.uk/research/research-impact/insulin