– How does Insulin not have generic versions compared to something like Tylenol?

Question

– How does Insulin not have generic versions compared to something like Tylenol?

In: 531

Answer 1

Blackrock and Vanguard, two major stock holders of Eli Lilly (Insulin producer US) are also major stock holders of Pepsi and Coca Cola. It seems like their business model is to create a problem by selling you lots of cheap sugars with expensive marketing campaigns. And then offer the solution (insulin) against a huge mark-up because they always find a way to keep their patents fresh (evergreening patents) by adding minor ‘improvements’.