MSNBC All In With Chris Hayes November 20, 2021 01:27:00
Usual argument for high prices is we're inventing a new breakthrough drug. this has been around for 100 years. they make improvements and add patent after patent on the ingredients and delivery system. nobody can compete and they charge what they want. >> the original developers of the insulin. 1920. that they wouldn't patent it. they sold it for a dollar. they thought it was outrageous. they update the patent to keep the ip. this is not some like -- it's not some mind blowing new development. it's a 100 year-old drug. here's the cost to manufacture. $6.16. the cost to purchase. $332. they are...
Source: archive.org