– How does Insulin not have generic versions compared to something like Tylenol?
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It does, and it’s also both cheap and generally easily available. Counter that with: it is also much more of a pain in the butt to manage your diabetes with.
The medical research field is pretty regularly inventing new variations of insulin. Those new variations are not generic yet, as their patents haven’t expired. Those new variations are so much easier/convenient to use than standard generic insulin that most people would rather pay the extra for them.
Two extra bits on this discussion to keep in mind: 1. A lot of misinformed people lump all insulin variants as “insulin”, which distorts the discussion on insulin prices. 2. These new variants tend to make life so much easier for diabetics that they feel the variants should become the new standard and replace generic insulin entirely.
Acetaminophen/paracetamol are not constantly being reinvented with new (better) variations, so that isn’t really a good comparison.
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