If you want to know how powerful Pharma lobbying is, look no further than insulin.#Insulin4All
Though insulin costs 10 times more than in other countries, is needed for survival in diabetes, despite countless articles written, let’s see how many oppose capping the price to $35.
Though insulin costs 10 times more than in other countries, is needed for survival in diabetes, despite countless articles written, let’s see how many oppose capping the price to $35.
Insulin prices compared to prices of other things we use as well illustrated by @lollydaggle years ago.
Some states have acted. have introduced the oxymoronic idea of “authorized generics”. But we need a national solution.
Some states have acted. have introduced the oxymoronic idea of “authorized generics”. But we need a national solution.
Insulin is the Achilles heel of Pharma and PBMs. There is absolutely no justification.
mayoclinicproceedings.org/article/S0025-…
mayoclinicproceedings.org/article/S0025-…
The price of insulin and other prescription drugs gives you an idea into why regulations are needed to protect the public in return for the monopoly/oligopoly status prescription drugs enjoy due to patents and regulatory barriers to entry of competition.
I explained the situation in my Grand Rounds lecture 3 years ago @MayoClinic
Moments ago. Let’s see how it goes.
https://twitter.com/VincentRK/status/1556286521354997773
57 is more than I thought. But unfortunately it did not pass. Needed 60 votes. Capping insulin to $35 is not going to happen. Again.
Note this is for people with private insurance. The proposal to cap insulin price at $35 failed.
Amidst all of this, there is reason for hope. See thread.
https://twitter.com/VincentRK/status/1556636194548715524
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